Meridian Capital Group

Arbor Supplies $105M Acquisition Loan for Metro Atlanta Apartments Buy

February 10, 2022

Joseph Jemal’s Icer Properties has secured $105 million of acquisition financing to purchase three Georgia multifamily properties in the Atlanta region, Commercial Observer has learned.

Arbor Realty Trust provided the 36-month loan at a loan-to-cost ratio of 85 percent with full-term interest-only payments and a LIBOR-based interest rate. Meridian Capital Group arranged the transaction with a team led by Cary Pollack and Judah Neuman.

Featuring:
Cary E. Pollack
Senior Managing Director
Origination
(212)612-0255
[email protected]
Judah Neuman
Vice President
Underwriting and Loan Placement
(212)612-0196
[email protected]
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