Meridian Capital Group

Slate lends $137M on W’burg rental development

February 03, 2022

The investor group that bought The Collective’s development site in Williamsburg landed a $137 million loan to finance the project.

The Loketch Group, the Joyland Group and Meral Property Group secured the capital from Slate Property Group’s lending arm, SCALE Lending, to finance the acquisition and construction of 555 Broadway.

Featuring:
Morris Betesh
Senior Managing Director
Origination
(212)612-0105
[email protected]
Alex Bailkin
Senior Vice President
Underwriting and Loan Placement
(212)612-0194
[email protected]
Read Article
Recent Articles | Back to News

NYC Retail Market Wakes Up in a Daze After Smoke Shop Day of Reckoning

Article
February 3, 2022

Meridian Arranges $23M Financing for NJ Resi Development 

Article
February 3, 2022

2024 Ones to Watch Industry Leaders: Ben Biberaj, Meridian Retail Leasing

Article
February 3, 2022

Meridian Retail Leasing Closes First Quarter with a Bang

Article
February 3, 2022

Is New York City still a viable investment option? - by Shallini Mehra

Article
February 3, 2022

Team Betesh arranges $110 million in financing to refinance an office property in Stamford

Article
February 3, 2022