Herzka and Gervis of Meridian arrange $200 million acquisition for RXR

Meridian Capital Group, LLC, a leading national commercial real estate finance and advisory firm, arranged a $200 million acquisition loan from a New York centered bank for the purchase of 1330 Avenue of the Americas for RXR Realty LLC. This 40-story, class-A office tower is located between 53rd and 54th St. and contains 540,000 s/f. The transaction was brokered by Ralph Herzka, Meridian's president and CEO, and Rael Gervis, managing director. The borrower was RXR Realty LLC. RXR is one of the New York Tri-State area's premier real estate operating companies. With a significant presence in Manhattan and the New York Tri-State area, the company has established a franchise uniquely positioned to provide the highest quality real estate and premier services. Founded in 1991, Meridian Capital Group, LLC is one of the nation's largest commercial real estate finance and advisory firms. Meridian is headquartered in New York with offices in New Jersey, Maryland, Illinois, Florida and California. Working with a broad array of capital providers, Meridian arranges financing for transactions ranging from $1 million to more than $500 million for multifamily, co-op, office, retail, hotel, mixed-use, industrial, healthcare, student housing, self-storage and construction properties.