Lieberman and Haft of Meridian Capital arrange $15.6 million for three New York loans

August 20, 2019 - Financial Digest
Allan Leiberman, Meridian

 

Asher Haft, Merid

 

New York, NY Meridian Capital Group has arranged $15.6 million in financing for three New York City area multifamily properties. These transactions were negotiated by Meridian managing director, Allan Lieberman, who is based in the company’s headquarters in downtown Manhattan. 

730 East 236th Street - Bronx, NY

Over the course of eight days, Meridian closed three refinancing deals in Brooklyn and the Bronx. These transactions include $5.7 million in 10-year financing for 3094 Brighton 5th St. in Brooklyn featuring a rate of 3.73%; $5 million in 10-year financing for 239 Ocean Ave. in Brooklyn featuring a rate of 3.93% and full-term interest-only payments; and $4.9 million in 10-year financing for 730 East 236th St. in the Bronx featuring a rate of 3.7% and full-term interest-only payments.

“Meridian’s deep lender relationships allowed us to quickly identify three unique lenders, structure the loans and negotiate favorable terms on behalf of our clients. My associate, Asher Haft, and I worked diligently with the lenders, third parties and clients to streamline the process and ensure a smooth closing process,” said Lieberman.  

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