MERIDIAN CAPITAL GROUP ARRANGES OVER $21 MILLION IN FINANCING FOR MULTIFAMILY PROPERTIES IN WEST HOLLYWOOD AND LOS ANGELES
West Hollywood & Los Angeles, CA - Meridian Capital Group recently arranged $21,358,000 for the refinancing of a portfolio of ten multifamily properties containing a total of 203 units. Isaac Filler and Ben Grossman of Meridian’s Los Angeles office negotiated to secure rates as low as 5.6% for terms ranging between five and ten years.
Founded in 1991, Meridian Capital Group LLC is one of the nation’s largest mortgage brokerages serving the multifamily and commercial real estate sectors. The company is based in New York City with additional offices in New Jersey, Pennsylvania, Maryland, Illinois, Florida, California, and Texas. Working with a wide variety of lenders, Meridian finances transactions ranging from $500,000 to more than $500 million for multifamily, co-op, office, retail, hotel, healthcare, self-storage, industrial, and construction properties. Nationally, Meridian reported more than 2,500 transactions in 2006, totaling over $17 billion. |
