Meridian Capital Group

Dalfen Uses $52.9 Acquisition Loan to Buy Sparks Industrial Asset

September 08, 2023

Meridian Capital Group arranged $52.9 million in financing for the acquisition of a class-A industrial building in Sparks, NV. The loan was provided by a debt fund and was sourced by a Meridian team led by Morris Betesh. Dalfen Industrial was the buyer.

Located at 75 Pittsburg Avenue in Sparks, NV, the new construction, class-A industrial warehouse spans 489,440 square feet. The property benefits from its close proximity to the Reno-Tahoe International Airport as well as the Reno Transportation Rail Access Corridor (reTRAC). 

Featuring:
Morris Betesh
Senior Managing Director
Origination
(212)612-0105
[email protected]
Read Article
Recent Articles | Back to News

Brooklyn Condo Lands $26M  

Article
September 8, 2023

Meridian Capital Arranges Refi on Fractured Condo in Tallahassee

Article
September 8, 2023

Thomas Donovan Joins Meridian Investment Sales 

Article
September 8, 2023

Meridian Ends Summer with $465 Million in Volume

Article
September 8, 2023

Dalfen Uses $52.9 Acquisition Loan to Buy Sparks Industrial Asset

Article
September 8, 2023

Eagle Rock lands $200M refi for multifamily portfolio

Article
September 8, 2023