Dealmaker: G.S. Wilcox & Co. Secures $68M in Financing
G.S. Wilcox & Co., Morristown, N.J. closed $67.7 million in financing across several deals.
Company Principals David Fryer and Al Raymond and Vice Presidents Wesley Wilcox and Bridget Wilcox led the team that secured $30 million for The Mayfair Apartment Homes in Algiers, La. Benefit Street Partners, New York, provided the financing for the 442-unit garden-style apartment community.
The same team secured a loan totaling $12.5 million through Symetra Financial Corp., Bellevue, Wash., for a 12-property single-tenant industrial and retail portfolio across eight states: Tennessee, North Carolina, Pennsylvania, Florida, Georgia, Illinois, Massachusetts and New York.
Fryer, Raymond, Wesley Wilcox and Bridget Wilcox also secured $5.7 million in financing through Mutual of Omaha, Omaha, Neb., for Watchung Commons, a retail strip center located along the Route 22 shopping corridor in Watchung, N.J. The team arranged a $5.5 million life company loan for an entertainment facility on Route 22 in Mountainside, N.J. And they placed a $7.5 million loan with Woodmen of the World Life Insurance Society, Omaha, Neb., to refinance a 102,000-square-foot mixed-use property in Union City, N.J.
G.S. Wilcox & Co. also closed $6.5 million for two industrial buildings in Moonachie, N.J. Lincoln Financial Group, Radnor, Pa., supplied the financing.