8D — November 19 - December 23, 2021 — Financial Digest — Lenders Directory — M id A tlantic Real Estate Journal
www.marej.com
L enders D irectory
Brian McChesney, Money360, Inc. Money360 focuses on stable & expanding metro areas that demonstrate solid economic fundamentals
& investors who have dem- onstrated experience to carry out their business plan for the property. What is your most note- worthy transaction or proj- ect this year? Financing of apartment & industrial portfolios in the Southeast for highly capable Sponsors who have solid busi- ness plans for property NOI growth. Where do you think your
largest growth area is and why? Money360 has nationwide geographic coverage & focuses on stable & expanding metro areas (large & small) that demonstrate solid economic fundamentals. What separates you from the competition? Providing competitive, cus- tomized financing solutions with certainty of execution, speed and transparency. MAREJ
Brian McChesney Managing Director, Southeast Money360, Inc.
rea of Interest: Income-producing real estate: multifamily; industrial; office; retail; self- storage; MHC Who is your target mar- ket? Professional CRE developers A
Headquarters: Ladera Ranch, CA Number of CRE specialists: 30 Years with company/firm:1+ Years Years in field: 30+ Years
IG Logistics makes second acquisition inPhila.with $7.25Mindustrial purchase
G.S. Wilcox&Co. finances $44MCTLLoan
s/f medical office building in Lehigh County. The financing, secured over a 23-year term, was arranged by vice presi- dent Wesley Wilcox . “The credit worthiness of the tenant allowed the borrower to obtain very favorable financing at nearly 100% of value at a very competitive rate. G.S. Wilcox & Co. is proud to secure such great terms for our client,” Wilcox said in a prepared statement. MAREJ
LEHIGH COUNTY, PA — G.S. Wilcox & Co. , a Morris- town based commercial mort-
gage bank- ing firm, an - nounced that it has secured a $44 million f i x e d r a t e construction- perm loan for a single ten- ant , 70,000
Wesley Wilcox
Advisors Mortgage Group celebrates 22 nd Anniversary with 450 employees
OCEAN TWP., NJ — What does it take to run a successful private mortgage company for 22 years with 450 employees across 32 states. Hard work and dedication for sure, but as Steven Meyer , president of Advisors Mortgage Group said, “It’s knowing that we are help- ing thousands of people attain the ultimate American dream of homeownership. With all of us working together towards this common goal, it drives us to continue to grow and we strive to get better every day.” Advisors is celebrating its 22nd year of being in business and the family owned company is thriving and still expanding. Started in 1999 out of a single office in Shrewsbury, NJ with the vision of providing a work- place where people treat each other like family. Advisors has grown 236% over the past 3 years and has become the #1 purchase lender on the Jersey Shore. Staying at the forefront of technology, the mortgage com- pany is perfecting their au- tomation process and will be releasing their new mobile app which will allow for instant ac- cess to loan status for clients, loan officers and realtors. “It’s important for us to stay ahead of the curve so we continue to
sustain our growth and main- tain the 5-star customer ser- vice for which we are known,” comments Sean Clark , vice president of Advisors. “Our collaborative environment and open communication are just a few of the driving forces behind our success,” said Clark. MAREJ The company celebrates its 22nd anniversary this October and shows no signs of slowing down. Advisors Mortgage Group made the INC. 5000 fastest growing private companies list for the 10th time in 2021 and also made the NJBIZ Best Places toWork in NJ list for the 9th year in a row. Advisors Mortgage Group is a multi-state mortgage banker with more than thirty branch locations across the country. Focusing on residential lend- ing, Advisors prides itself on maintaining a local and per- sonal feel to help each and every customer feel the comfort and protection that their home financing needs are in the right hands. Advisors has been on the Best Places to Work in NJ list for the past nine years, making sure that all employ- ees feel like Family, while also maintaining the customer service standards that the company was built on. MAREJ
2021 the company purchased a $3.5M truck terminal at 3200 S. 70th St. “Philadelphia is a very at- tractive market for IG Logis- tics, and we’re excited to have expanded our footprint here,” said Sam Schneider , manag- ing partner and co-founder of Imperial Capital . “This site was of particular interest to us because of its location and functionality as a true last mile facility. This sector is boom- ing right now and we’re not slowing down. There’s more to come in Philadelphia for IG Logistics.” IG Logistics is the industrial platform for ImperiumCapital, Glaser and Schneider’s real estate investment and develop- ment company founded over a decade ago. The new platform focuses on acquiring properties with a large outdoor storage or 2470 & 2500 Wheatsheaf Lane
transportation element in high barrier to entry, urban growth markets where demand for logistics real estate is driven by e-commerce. IG Logistics’ strategy focuses on last mile facilities that are critical to the supply chain. The company currently has over $100M of industrial sites under con- tract. They plan to buy north of $250M over the next year in markets including Denver, Dallas, Savannah, South Flor- ida, Central Florida, Nashville, Phoenix and Baltimore/DC. “This is one of the only prop- erties in infill Philadelphia with a truck terminal and repair shop, ‘’ said Daniel Gla- ser, managing partner and co-founder of Imperial Capi- tal. “To have those structures on seven acres this close to the city and I95 is extremely rare.” MAREJ
PHILADELPHIA, PA — New York-based IG Logistics , founded by real estate industry veterans Daniel Glaser and SamSchneider announced its acquisition of a truck terminal and repair shop in Philadel- phia. The site was purchased for $7.25M in an off market deal. Located at 2470 & 2500 Wheatsheaf Lane, the seven- acre last mile trucking facility is well-positioned in the best industrial location in the city in close proximity to down- town Philly, I-95 and Betsy Ross Bridge. The property encompasses two buildings, a truck terminal spanning nearly 17,000 s/f and a 15,000+ s/f repair shop and warehouse. It is currently vacant and Tom Golarz of Colliers will be handling the leasing. This is IG Logistics’ second acquisition in Philadelphia - in September of
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