News: Finance

Hammer and Kesselman of Meridian refinance $2.5 million for strip ctr.

Meridian Capital Group arranged a financing in the amount of $2.5 million for the refinance of a commercial strip center located at 13802-24 Farmers Blvd. The property contains 10 commercial tenants totaling 12,100 s/f. Judah Hammer and Michael Kesselman of Meridian's New York office negotiated on behalf of the borrower to secure a rate of 6.27% over a seven-year term.
Tags: Finance
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