G. S. Wilcox & Co. has arranged $26.341 million in mortgage financing:
Four separate loans all made through Great-West Life & Annuity Insurance Co. and secured by four distinct properties comprising 564,895 s/f of industrial space. The loan amount of $24.241 million has a seven-year fixed rate term at 3.62% and a 30-year amortization.
Investors Bank provided financing for the third transaction, a 68,810 s/f industrial building located in Branchburg, N.J. The subject property involved a loan amount $2.1 million with a five-year adjustable rate and a ten-year term.
Brooklyn, NY Marcus & Millichap brokered the sale of 733 Dekalb Ave., a fully free-market multifamily and retail property in the Bed-Stuy neighborhood. The asset sold for $2.8 million.
Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
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