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

Meridian Secures $41M Hollywood Financing

Article
September 8, 2023

2024 Top Broker Awards

Article
September 8, 2023

Deutsche Bank Refis Charlotte Mixed-Use Tower With $72M Loan

Article
September 8, 2023

Meridian Arranges Asian Fusion Lease in East Village

Article
September 8, 2023

Team Betesh Arranges $68 Million in Construction Financing for a Multifamily Property in Brooklyn, NY

Article
September 8, 2023

Meridian Arranges $68M Financing for Brooklyn MF Property

Article
September 8, 2023