Mr. Edelstein joined Meridian in 2014 and currently serves as a Vice President in the company’s New York City headquarters. He is responsible for the origination and placement of loans across a broad array of property types, including multifamily, office, retail, industrial, and hospitality. Mr. Edelstein specializes on permanent and construction financing for stable and transitional properties.
Prior to joining Meridian, Mr. Edelstein was a Vice President responsible for overseeing sales at Edelstein Diamonds, a large importer of fine diamonds in New York City.
Over the course of his career, Mr. Edelstein has negotiated close to $600 million in financing covering multifamily, office, retail, industrial, hospitality, and other property types across the United States. Notable financing transactions include the acquisition of a 200-unit class-A multifamily property in Philadelphia, PA’s Center City for $80 million; the refinance of a semi-vacant office building on Manhattan’s West Side for $30 million; a $68 million bridge loan to refinance an office building in California’s NOHO; and a $117 million ground-up construction loan on behalf of an institutional sponsor to build 232 residential units in Los Angeles, CA.