Meridian Capital Group, America’s most active dealmaker, arranged $42.4 million in agency financing for the purchase of a 300+ unit multifamily property in Columbia, MD.
The 15-year Fannie Mae loan was provided by Capital One Multifamily Finance and features a fixed-rate of 3.93% and full-term interest-only payments. This transaction was negotiated by Meridian Senior Vice President, Sam Grunberger and Managing Director, Barry Lefkowitz, who are both based in the company’s Iselin, NJ office.
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