Meridian Capital Group Arranges $54.3 Million in Financing

Meridian negotiated a new mortgage in the amount of $3,245,000 on two multifamily buildings totaling 42 units located on West 144th Street in New York, NY. The loan features a rate of 3.00% and a 10-year term. Isaac Filler negotiated this transaction.

A new package of mortgages totaling $37,300,000 was placed by Meridian on a multifamily and mixed-use portfolio totaling 50 units and 29,360 of retail square feet located in the Upper East Side, SoHo and Hell’s Kitchen neighborhoods in New York, NY and the Bay Ridge neighborhood in Brooklyn, NY. The loans feature rates of 3.25% and 10-year terms. Josh Rhine negotiated this transaction.

Meridian negotiated a new mortgage in the amount of $6,900,000 on two multifamily buildings totaling 23 units located on West 73rd Street in New York, NY. The loan features a rate of 3.25% and a five-year term. Jacob Nefoussi negotiated this transaction.

A new mortgage of $4,000,000 was placed by Meridian on a 46-unit, six-story multifamily building on West 159th Street in New York, NY. The loan features a rate of 3.25% and a 10-year term. Judah Hammer negotiated this transaction.

Meridian negotiated a new mortgage in the amount of $1,650,000 on a 23-unit, five-story multifamily building on Edison Avenue in Bronx, NY. The loan features a rate of 3.13% and a 10-year term. David Hayum negotiated this transaction.

A new mortgage of $1,300,000 was placed by Meridian on a 4-unit, 1,400 square foot mixed-use building on Lorimer Street in Brooklyn, NY. The loan features a rate of 3.25% and a 10-year term. Sean Mooney negotiated this transaction.

Founded in 1991, Meridian Capital Group, LLC is one of the nation's largest commercial real estate finance and advisory firms. Meridian is headquartered in New York with offices in New Jersey, Maryland, Illinois, Florida and California. Working with a broad array of capital providers, Meridian arranges financing for transactions ranging from $1 million to more than $500 million for multifamily, co-op, office, retail, hotel, mixed-use, industrial, healthcare, student housing, self-storage and construction properties. www.meridiancapital.com