Q|10 G.S. Wilcox arrange three loans totaling $22m
The team of Gretchen Wilcox, president of Q10| G.S. Wilcox & Co., and Albert Raymond, principal, arranged the three following loans totaling $22 million:
* A $15 million loan on a newly constructed Courtyard by Marriott hotel located in Paramus. This 82,935 square foot, four-story brick hotel houses 154 rooms and a 44-seat restaurant.
* A $6 million loan on a vacant 119,000 s/f industrial building located in Linden. This property has 20' clear ceiling heights, eight loading doors and two drive in-doors.
* A $1 million loan on a 28,882 s/f fully occupied industrial building located in Paterson.
Manhattan, NY Century Cricket Centre, an Australian-backed indoor cricket and sports-tech concept, will open its first U.S. location in a 14,000 s/f at 25 W. 39th St. near Bryant Park following a 15-year lease arranged by Lee
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.
You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking