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Meridian Capital Group Negotiates $49.4 Million in Financing for Office and Multifamily Properties in New York, Brooklyn and Bronx, NY April 10, 2014

Financial District, Manhattan
Meridian Capital Group Negotiates $49.4 Million in Financing for Office and Multifamily Properties in New York, Brooklyn and Bronx, NY, Manhattan, New York

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


Meridian negotiated a new mortgage in the amount of $2,100,000 on a 21-unit, five-story multifamily building located on West 179th Street in New York, NY. The loan features a rate of 2.53% and a seven-year term. David Fisher negotiated this transaction.

A new mortgage of $23,000,000 was placed by Meridian on a 137-unit, six-story multifamily building located on Shore Road in Brooklyn, NY. The loan features a rate of 3.00% and a 15-year term. Joseph Taub and Daniel Blumenthal negotiated these transactions.

Meridian negotiated a new mortgage in the amount of $10,000,000 on a 17-story, 117,000 square foot office building located on West 38th Street in New York, NY. The loan features a rate of 2.90% and a 10-year term. Morris Diamant and Tzvi Krieger negotiated this transaction.

A new mortgage of $10,000,000 was placed by Meridian on a 94-unit, six-story multifamily building located on Montgomery Street in Brooklyn, NY. The loan features a rate of 2.98% and a 10-year term. Morris Diamant and Adam Newman negotiated this transaction.

Meridian negotiated a new mortgage in the amount of $2,250,000 on a 26-unit, six-story multifamily building located on Bainbridge Avenue in the Bronx, NY. The loan features a rate of 3.00% and a 15-year term. Allan Lieberman and Asher Haft negotiated this transaction.

A new mortgage of $2,000,000 was placed by Meridian on a 49-unit, six-story multifamily building located on Fort Washington Avenue in New York, NY. The loan features a rate of 2.88% and a 10-year term. Allan Lieberman and Asher Haft 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, Arizona 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

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