M id A tlantic Real Estate Journal — Financial Digest — Investment/Multifamily Financing — August 19 - September 15, 2022 — 7A I nvestment /M ultifamily F inancing
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OUTHAMPTON, NY — G.S. Wilcox & Co. announced that principal S Thrivent Financial for Lutherans finances loan with a 15-year term and 30-yr. amortization G.S. Wilcox & Co. secures $9.5 million in financing for a grocery anchored neighborhood center
David Fryer has secured $9.5 million to refinance an 81,000 s/f grocery an- chored neigh- borhood cen- ter in Hamp- ton 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 com- pany also provided the exist- ing mortgage on the property which Fryer also originated. “We value the opportunity to work with this long-stand- ing client on another strong retail asset. We have been working together now for over 20 years.” said Fryer in a prepared statement. MAREJ David Fryer NITA opens satellite office in Northfield MARLTON/NORTH- FIELD, NJ — National Integrity Title Agency (NITA) , a full-service title insurance and settlement agency for commercial and residential real estate, has expanded its footprint with the opening of a new satel- lite office in Northfield, NJ. Already with clients in the area, this location provides a convenient base for servicing homeowners and realtors from the entire Jersey Shore re- gion. NITA will provide a full range of title and settlement related services at this site and its business development professionals will seek further growth throughout the region. Located at 1811 Shore Rd. and the intersection of Tilton Road, this is the agency’s 7th loca- tion with others throughout South Jersey and the Greater Philadelphia area. “When we took over back in 2015, Fran and I couldn’t imagine how quickly we would grow,” said NITA co-founder and CEO George E. Duffield Sr. of the agency that is cel- ebrating its 7th year and his partner and president Fran Turchi. MAREJ
81,000 s/f grocery anchored neighborhood center in Hampton Bays
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