G.S. Wilcox & Co. arranges $60 million in financing for Print House

Hackensack, NJ G.S. Wilcox & Co. has arranged $60 million in financing for Print House, a 271-unit luxury apartment building. The 10-year term loan was arranged by president Gretchen Wilcox and principals David Fryer and Al Raymond for the partnership made up of Russo Development, Hampshire Management and Fourth Edition Inc. 

The Project features 271 market-rate, luxury rental units including a mix of studio (12%), one bedroom (51%), and two-bedroom (37%) units.  

The amenities include a swimming pool and sun deck; art fitness center with yoga studio and Fitness on Demand; clubroom with fireplace seating area, multiple TVs, various game stations, billiards, a bar area, and an oversized dining table; a private conference room; private dog walk; and access to the Riverwalk along the Hackensack River.  

The subject represents the first residential phase of a multi-phase development totaling nearly 20-acres along the Hackensack River at the site of the Daily Record Property.

“These luxury apartments are a great addition to Hackensack and we are thrilled to be able to assist our clients in financing their vision for Hackensack’s urban renewal,” said Wilcox.