Meridian Capital Group

Barone Management Lands $68M for Educational Facility and Resi Site in Queens

September 06, 2022

Barone Management has landed $67.8 million in financing to recapitalize an educational facility and neighboring residential development site in Queens, Commercial Observer can first report. 

Metropolitan Commercial Bank provided a senior mortgage, while Columbia Pacific Advisors provided preferred equity in the deal. Barone Management will use the debt to execute its purchase option on the fee position and also recapitalize its equity.

Featuring:
Adam Hakim
Senior Managing Director
Origination
(212)612-0125
[email protected]
James Murad
Managing Director
Origination
(212)612-0291
[email protected]
Read Article
Recent Articles | Back to News

‘It’s All About Relationships’: How Nursing Homes Can Navigate Turbulent Financial Times

Article
September 6, 2022

Meridian Closed 75 Retail Leases Over Summer  

Article
September 6, 2022

Multifamily Market a Safe Bet Still Despite Mounting Challenges: Forum

Article
September 6, 2022

Meridian Closed 75 Retail Leases Over Summer  

Article
September 6, 2022

Amish Market Renews Lease at 731 Ninth Avenue

Article
September 6, 2022

BHI Lends $92M on Inwood Resi Tower Project 

Article
September 6, 2022