Meridian Capital Group

Meadow Partners Adds Adjacent Residential Buildings to East Village Portfolio

August 25, 2022

Meadow Partners acquired 305 E. 11th St. and 310 E. 12th St., adjacent multifamily residential buildings in the East Village for approximately $58 million. 60 Guilders is Meadow’s operating partner for the 89-unit property, which marks Meadow’s ninth investment in the East Village. 

Jeffrey Kaplan, managing partner of Meadow Partners, said, “The East Village is one of lower Manhattan’s most popular neighborhoods with a unique selection of restaurants, shopping and social life options that appeal to a diverse tenant group. This off-market transaction is a testament to Meadow’s strong relationships with leading owners and developers throughout New York City and the deep experience we bring to investing in the East Village for the past 13 years.” 

An affiliate of Cerberus Capital Management provided debt financing to support the acquisition. Meridian Capital Group’s David Schechtman, Abie Kassin, and Lipa Lieberman arranged the sale on behalf of longtime owner Emor Management.

Featuring:
David Schechtman
Senior Executive Managing Director
Investment Sales
(212)468-5907
[email protected]
Abie Kassin
Managing Director
Investment Sales
(212)468-5909
[email protected]
Lipa Lieberman
Managing Director
Investment Sales
(212)468-5908
[email protected]
Read Article
Recent Articles | Back to News

Lakewood Class-A Office Development Lands $35M in Construction Financing

Article
August 25, 2022

BHI Lends $35M on Brooklyn Apartments Build

Article
August 25, 2022

Meridian Capital Group Releases Latest Activity

Article
August 25, 2022

Power Finance 2023: Ralph Herzka and Yoni Goodman

Article
August 25, 2022

Gregory Goldberg, Meridian Capital Group – Retail Leasing

Article
August 25, 2022

Seniors Housing Business: Capital Keeps Flowing in Uncertain Times

Article
August 25, 2022