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Brokerage
Posted: June 5, 2009
Wilcox and Raymond of Q10|G.S. Wilcox places $13 million in financing
Q10|G.S. Wilcox & Co. has arranged financing in the amount of $13 million. The team of Gretchen Wilcox, president and Al Raymond, principal, arranged a loan which has a term of five years and is secured by a 104,000 s/f office building. The 75% loan to value financing has an interest rate of 6.25% with a 25-year amortization period. A regional bank that Q10|G.S. Wilcox & Co. originates and services loans for provided the funds.
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