Meridian Capital Group Arranges $59.1 Million in Financing

Meridian Capital Group, LLC, a leading national commercial real estate finance and advisory firm, announced the following transactions:

Meridian negotiated a new package of mortgages totaling $15,900,000 on four multifamily buildings composed of 201 units located in Brooklyn and New York, NY. The loans feature rates of 3.25% and 10-year terms. Morris Diamant negotiated these transactions.

A new mortgage of$27,000,000 was placed by Meridian on a 77,850 square foot office building on West 40thStreet in New York, NY. The loan features a rate of 4.00% and 10-year term. Avi Weinstock and Chaim Tessler negotiated this transaction.

Meridian negotiated a new mortgage in the amount of $8,800,000 on two multifamily buildings totaling 132 units located on Merrick Boulevard in Jamaica, NY. The loan features a rate of 3.63% and a 10-year term. Avi Weinstock and Josh Rhine negotiated this transaction.

A new mortgage of $3,200,000 was placed by Meridian on a 45-unit, five-story multifamily building on Holland Avenue in Bronx, NY. The loan features a rate of 3.63% and a 10-year term. David Hayum negotiated this transaction.

Meridian negotiated a new mortgage in the amount of $2,500,000 on two multifamily buildings totaling 20 units located on West 104thStreet in New York, NY. The loan features a rate of 3.75% and a five-year term. Zev Feder negotiated this transaction.

A new mortgage of $1,700,000 was placed by Meridian on two multifamily buildings totaling 38 units located on Grand Concourse and Adams Place in Bronx, NY. The loan features a rate of 3.45% and a 10-year term. Michael Kesselman 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