Fryer of Q10|G.S. Wilcox & Co. orchestrates $5.75 million refinancing

Q10|G.S. Wilcox & Co., a commercial real estate mortgage banking firm, has arranged financing in the amount of $5.75 million. David Fryer, principal, arranged a loan for a 106,000 s/f office and laboratory building located at 560 Rte. 303. The property lies about a mile south of the Palisades mall off I-287. The owners of the property were refinancing CMBS debt at its maturity. The loan was placed with a regional bank and has an attractive floating rate structure, with a very low floor rate and will allow the property's owner to fix the rate at any time during the term of the mortgage. Q10|G.S. Wilcox & Co. arranges commercial real estate mortgage loans through their competitive lending relationships and has built a servicing portfolio of over $1.1 billion since their beginning in 1994. Q10|G.S. Wilcox & Co. services New Jersey and parts of New York and Pennsylvania. The Company is headquartered in Morristown, New Jersey.