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  • Writer's pictureMAREJ

G.S. Wilcox & Co. commits $267M with Thrivent Financial

Morristown, NJ — Morristown based commercial mortgage banking firm announced they committed $267,000,000 with one of their exclusive correspondent life company lenders, Thrivent Financial.

Two of the loans were for multi-family properties in northern New Jersey for $103,000,000 and $60,000,000, respectively. The firm also arranged $86,000,000 in loans for four industrial properties in northern New Jersey and an $18,000,000 loan for a retail center in Long Island, New York.

“Despite the challenges we faced in 2020, we continue to meet our clients’ objectives by arranging the best financing for their projects. We are proud to serve as a correspondent for Thrivent Financial in our market, and look forward to continuing this partnership,” said founder Gretchen Wilcox in a prepared statement.

G.S. Wilcox & Co. recently announced that David Fryer, principal, refinanced an office building for $6.8 million in Bridgewater, New Jersey.

Greymark at Bridgewater is a three-story recently updated building containing over 111,500 s/f multi tenanted office space. The property’s Class A renovations have office and medical users alike, including RJW Barnabas Health. It is well-situated along Route 22 with immediate access to several major roadways. The loan refinancing was arranged on behalf of a prominent client of the firm with very a flexible prepayment structure.

“We are pleased to secure this attractive financing on behalf of our repeat client. The Greymark at Bridgewater is a prime example of the strength of the market for renovated, attractive, modern office buildings,” said Fryer.


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