Meridian Capital Group Negotiates $43.5 Million in Financing

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

A new mortgage of $1,840,000 was placed by Meridian on a 17-unit four-story multifamily building on East 82ndStreet in New York, NY. The loan features a rate of 3.25% and a five-year term. This transaction was negotiated by Jeff Weinberg.

Meridian negotiated a new financing package totaling $32,900,000 on 11 multifamily buildings in New York and Queens, NY. The loans feature rates of 3.50% and five-year terms. Carol Shelby and Dani Sabesan negotiated these transactions.

A new mortgage of $2,000,000 was placed by Meridian on two four-story multifamily buildings on Lincoln Place in Brooklyn, NY. The loan features a rate of 3.50% and a 10-year term. Avi Weinstock negotiated this transaction.

Meridian negotiated a new mortgage in the amount of $2,500,000 on two four-story multifamily buildings on Saint Nicholas Avenue in New York, NY. The loan features a rate of 3.54% and a seven-year term. This transaction was negotiated by Cary E. Pollack.

A new mortgage of $1,750,000 was placed by Meridian on a nine-unit, five-story multifamily building on West 87thStreet in New York, NY. The loan features a rate of 3.75% and a 10-year term. David Zlotnick negotiated this transaction.

Meridian negotiated a new mortgage in the amount of $2,500,000 on a 3,400 square foot retail property on Broadway in New York, NY. The loan features a rate of 4.00% and a five-year term. This transaction was negotiated by Cary E. Pollack.