Gretchen Wilcox is founder and CEO of G.S. Wilcox & Co. of Morristown, the country's first female-founded commercial real estate mortgage banking firm that is a sole proprietorship. She will be a panelist at RealShare New Jersey 2012 at the Hyatt Regency in New Brunswick on Sept. 19.
GlobeSt.com: How’s business? Can you give us a preview of the outlook you might share with the conferees at RealShare?
Wilcox: The commercial mortgage business is intensely busy, very active right now. At G.S. Wilcox, we mostly handle refinance loans, the majority through long term, fixed-rate loans with life-insurance companies. The investors want to get the business. It’s very competitive out there.
GlobeSt.com: What’s the reason the refinance market is so frantic? Is it mainly that low rates are inciting more borrowers to refinance?
Read more...GlobeSt.com - Wilcox: The Days of Cheap Money Are Here - Daily News Article