Meridian Capital Group

SELECT CLOSED TRANSACTIONS

Acquisition
$1,200,000,000
Office
New York City
Fixed Rate
Refinance
$560,000,000
Self Storage Portfolio
43 Assets across 15 States
Floating Rate
Construction & JV Equity
$411,000,000
Condominium
Brooklyn, New York
Floating Rate
Refinance
$350,000,000
Multifamily
New Jersey
Fixed Rate
Acquisition & JV Equity
$188,000,000
Distribution Center
CA & NJ
Floating Rate
Equity Raise
$175,000,000
Multifamily Portfolio
South Carolina, Louisiana, Tennessee, Georgia
Refinance
$45,000,000
Multifamily
Tempe, Arizona
Floating Rate
Construction
$40,000,000
Mixed-Use
New Orleans, Louisiana
Floating Rate
Construction
$35,000,000
Hotel
Wynwood, Florida
Floating Rate

LEADERSHIP

Benjamin Nevid

Senior Managing Director

Benjamin Nevid

Senior Managing Director

Benjamin Nevid is a Senior Managing Director at Meridian Capital Group where he is responsible for the origination and execution of various structured debt transactions, with a focus on transitional and construction financing. Since joining Meridian in 2014, Mr. Nevid has closed more than $6.5 billion in financing across all asset types, with a focus on transitional bridge financing, construction financing, and structured transactions for hospitality, multifamily, and self-storage assets. Prior to joining Meridian, Mr. Nevid was a Senior Associate at Muss Development focusing on analysis and due diligence related to new developments, acquisitions and asset management of Muss’ existing portfolio. Before Muss, Mr. Nevid was a Vice President and Senior Analyst in Johnson Capital’s Equity Capital Markets and Structured Finance Group, where he focused on executing various debt and equity transactions. Mr. Nevid  also has experience with new and renewal lease execution for portfolios of retail assets at two open air retail owners and developers: Gladstone Development Corporation and DLC Management Corporation. Mr. Nevid received his Bachelor of Science degree in Business Management from Towson University and his Master of Science in Real Estate Finance and Investment at New York University’s Schack Institute of Real Estate.

David Bollag

Senior Vice President

David Bollag

Senior Vice President

Mr. Bollag joined Meridian in 2011 and currently serves as a Vice President at the company’s New York City headquarters. He is responsible for underwriting and originating commercial real estate transactions on behalf of real estate owners and developers throughout the United States.

Mr. Bollag has over 10 years of commercial real estate experience, having assisted in successfully closing over $14 billion of real estate debt transactions.

Prior to joining Meridian, Mr. Bollag worked at a family-owned real estate investment firm in Brooklyn, NY.

Mr. Bollag received a Bachelor of Arts in finance from Fairleigh Dickinson University and his Master of Business Administration from Baruch College’s Zicklin School of Business.

Naphtali Marrus

Managing Director

Naphtali Marrus

Managing Director

Naphtali Marrus is a Managing Director at Meridian Capital Group where he is responsible for originating commercial real estate transactions on behalf of large owners, investors, and developers throughout the United States. Since joining Meridian in 2021, Mr. Marrus has successfully closed over $1 Billion in commercial real estate loans. Mr. Marrus strategically leverages Meridian’s esteemed position in the financing sphere and its extensive network of industry connections to source new client relationships and close deals.

Mr. Marrus has over 20 years of experience in various residential and commercial real estate sales roles. Prior to joining Meridian, Mr. Marrus worked at Keller Williams, a real estate firm specializing in the acquisition and resale of residential real estate. Mr. Marrus is a skilled negotiator and a fierce advocate for his clients, which has led to his successful closing of over $1 Billion in transactions throughout his career.

Media

Preview for Mack Real Estate Credit Strategies Provides $263M in Construction Financing for Cali Apartments

Mack Real Estate Credit Strategies Provides $263M in Construction Financing for Cali Apartments

TA Partners has landed a $262.5 million debt package to complete two planned multifamily projects in Southern California’s Orange County, Commercial Observer can first report. Mack Real Estate Credit Strategies supplied the five-year, full-term interest-only construction loans for Milani Apartments and Pistoia Apartments in Irvine, Calif., which are both currently under development. Meridian Capital Group arranged the transaction for the 658-unit portfolio […]

Preview for Fairstead, Castlelake Buy Philadelphia High-Rise With $195M Loan

Fairstead, Castlelake Buy Philadelphia High-Rise With $195M Loan

Square Mile Capital Management has provided a $195 million loan to a joint venture of Fairstead and Castlelake to purchase and renovate 1500 Locust, a 45-story, 612-unit multifamily building with 7,700 square feet of retail space in Center City, Philadelphia.

Preview for Lightstone’s New Moxy Hotel Rises With $130M Loan From MSD, Lionheart

Lightstone’s New Moxy Hotel Rises With $130M Loan From MSD, Lionheart

Lightstone Group has sealed $130 million in construction financing for its new Moxy hotel on the Lower East Side of Manhattan. MSD Partners provided a $90 million senior loan in the deal, while Lionheart Strategic Management — through its credit vehicle Lionheart Real Estate Credit Strategies — provided $40 million in mezzanine debt.

Preview for Bell Works Owners Secure $200M Refi Deal

Bell Works Owners Secure $200M Refi Deal

New York City-based Square Mile Capital Management provided the $200 million in financing to joint venture partners Somerset Development Group and Adarsan Holdings for the redeveloped former Bell Labs scientific research center.

Preview for Historic Cincinnati Hotel Used as Model for Empire State Building Scores $70M Refi

Historic Cincinnati Hotel Used as Model for Empire State Building Scores $70M Refi

J.P. Morgan Chase has provided the Belvedere Corporation with $72.5 million in commercial mortgage-backed securities debt to refinance its 561-key Hilton Cincinnati Netherland Plaza hotel in Cincinnati, Ohio, Commercial Observer has learned.  The five-year loan retires roughly $70 million in previous 12-month bridge financing provided by J.P. Morgan last fall, as CO previously reported. The bank declined to comment on the […]

Preview for 3650 REIT Invests in Portfolio Transactions Worth More Than $1.2B

3650 REIT Invests in Portfolio Transactions Worth More Than $1.2B

3650 REIT (“3650”), a nationwide commercial real estate investment firm originating and servicing portfolio loans for relationship borrowers in addition to other strategic investments, today announced that it has invested in two portfolio transactions involving assets worth more than $1.2 billion.

Preview for Chetrit Group lands $112M refi for Hotel Bossert project

Chetrit Group lands $112M refi for Hotel Bossert project

The Chetrit Group has inked a major refinancing for the site of the Hotel Bossert, the long-delayed project that may finally open in the coming months.

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