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Writer's pictureMAREJ

G.S. Wilcox & Co. secures $9.5 million in financing for a grocery anchored neighborhood center


Southampton, NY — G.S. Wilcox & Co. announced that principal David Fryer has secured $9.5 million to refinance an 81,000 s/f grocery anchored neighborhood center in Hampton Bays, a hamlet within the Town of Southampton, Suffolk County.

Thrivent Financial for Lutherans, a correspondent life insurance company lender of the firm, financed the loan with a 15-year term and 30-year amortization. The company also provided the existing mortgage on the property which Fryer also originated.

“We value the opportunity to work with this long-standing client on another strong retail asset. We have been working together now for over 20 years.” said Fryer in a prepared statement.

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