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SOUTH HACKENSACK AND SECAUCUS, N.J. — G.S. Wilcox & Co. has closed two loans totaling $19.7 million for two properties in New Jersey. Gretchen Wilcox and Al Raymond of G.S. Wilcox & Co. originated a $13.5 million loan for a local value-add fund. The loan will be used to acquire a 245,824-square-foot industrial property in South Hackensack. The five-year loan features a 25-year amortization schedule. In the second deal, Wilcox and David Fryer arranged a $6.2 million loan for a 100,000-square-foot, fully occupied industrial property in Secaucus. The 10-year loan features a 25-year amortization schedule. The borrower was not disclosed. Mutual of Omaha, a correspondent lender, provided funding for both loans.