Meridian Capital Group

Eagle Rock lands $200M refi for multifamily portfolio

August 17, 2023

The eagle has landed — with a $200 million package to refinance four multifamily properties in the Northeast. 

Eagle Rock Properties secured the loan for its 1,300-unit portfolio, the Commercial Observer reported. The breakdown of the individual loans, which come at a precarious time for multifamily property owners across the country, was not immediately available.

The properties covered by fixed-rate loans with full-term interest-only payments were the Ramblewood Village Apartments at 1190 South Church Street in Mount Laurel, New Jersey and the Mid-Island Apartments at 35 Penataquit Avenue in Bay Shore, Long Island.

Featuring:
Abe Hirsch
Senior Managing Director
Origination
(212)612-0151
[email protected]
Zev Karpel
Managing Director
Underwriting and Loan Placement
(212)612-0114
[email protected]
Read Article
Recent Articles | Back to News

Brooklyn Condo Lands $26M  

Article
August 17, 2023

Meridian Capital Arranges Refi on Fractured Condo in Tallahassee

Article
August 17, 2023

Thomas Donovan Joins Meridian Investment Sales 

Article
August 17, 2023

Meridian Ends Summer with $465 Million in Volume

Article
August 17, 2023

Dalfen Uses $52.9 Acquisition Loan to Buy Sparks Industrial Asset

Article
August 17, 2023

Eagle Rock lands $200M refi for multifamily portfolio

Article
August 17, 2023