NEW JERSEY—G. S. Wilcox & Co., based in Morristown, N.J., has arranged total mortgage financing in excess of $46.34 million in three separate transactions.
Transactions include:
• $20 million made with The Prudential Insurance Company and secured by a 210-unit apartment building with one office tenant and underground parking. The loan term is a 20-year fixed rate with a 30-year amortization at 3.9 percent.
• $24.2 million involving four separate loans all made through Great-West Life & Annuity Insurance Company and secured by four properties totaling 564,895 sq. ft. of industrial space. The loan has a seven-year fixed-rate term at 3.62 percent and a 30-year amortization.
• Investors Bank provided financing for the third transaction, a 68,810-sq.-ft. industrial building located in Branchburg. The subject property involved a loan amount of $2.1with a five-year, adjustable rate, 10-year term.