Q10|G.S. Wilcox & Co. arranges $27.1 million in financing in New Jersey
Q10| G.S. Wilcox & Co. has arranged financing in the amount of $27.1 million.
The team of Gretchen Wilcox, president, and Albert Raymond, principal, arranged three loans totaling $20.6 million including: A $10.6 million loan secured by two northern N.J. industrial properties totaling 306,417 s/f; a $7 million loan on a 179,625 s/f warehouse in Secaucus; and a $3 million loan on a 26,568 s/f retail property in Wayne.
David Fryer, principal, arranged a $6 million loan for an office building and two R&D/flex properties totaling 102,741 s/f in Monterey, Calif. Financing was arranged through their correspondent relationship with Advantus Capital Management.
Manhattan, NY AmTrustRE has completed the $211 million acquisition of 260 Madison Ave., a 22-story, 570,000 s/f office building. AmTrustRE was self-represented in the purchase. Darcy Stacom and William Herring
Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account
Lower interest rates and an increased number of loan restructurings will be well received by the commercial real estate industry. Over the past 12 months there has been a negative trend for NOI for many properties across the country.