Meridian Capital Group

Meridian Capital Group Arranges $3.2 Million in Permanent Financing for a Multifamily Property in New York, NY

October 14, 2016

Oct 14, 2015

Meridian Capital Group, America’s most active debt broker, negotiated a $3.2 million loan for the refinance of a multifamily property located in New York, NY.

The 10-year loan, provided by a local balance sheet lender, features a fixed-rate and a 30-year amortization schedule. This transaction was negotiated by Meridian Associate, Bryan Geffen, and Managing Director, Brian Flax, who are both based in the Company’s New York City headquarters.

The property, located at 9 West 27th Street, is a five-unit walk-up multifamily property. The property is conveniently located in the NoMad neighborhood of Manhattan, which is home to numerous notable restaurants and shops.

“Through our substantial relationship with lender, Meridian was able to compete with other offers on the table and win the assignment by offering a tailored loan that included a flexible prepayment penalty and a reduced interest rate,” said Mr. Geffen.

Founded in 1991, Meridian Capital Group, LLC is one of the nation’s largest commercial real estate finance and advisory firms. Meridian is headquartered in New York with offices in New Jersey, Maryland, Illinois, Florida and California. Working with a broad array of capital providers, Meridian arranges financing for transactions ranging from $1 million to more than $500 million for multifamily, co-op, office, retail, hotel, mixed-use, industrial, healthcare, student housing, self-storage and construction properties. www.meridiancapital.com

Featuring:
Recent Articles | Back to News

Meridian Lists Queens MF Portfolio 

Press Release
October 14, 2016

Fast-growing omakase sushi spots are appetizing for retail industry

Press Release
October 14, 2016

Isaac Hager buys distressed Crown Heights office building

Press Release
October 14, 2016

The Dermot Company, Affinius Capital and PGGM Complete Refinancing of Luxury Multifamily Property on Upper West Side

Press Release
October 14, 2016

Meridian Investment Sales Exclusively Lists Former Avalon Hotel in the NoMad Neighborhood of New York, NY

Press Release
October 14, 2016

Silver Linings - by Shallini Mehra

Press Release
October 14, 2016