BRT Realty Trust provides a $31.5 million loan

BRT Realty Trust provided a $31.5 million loan allowing the borrower to purchase 12 multifamily buildings. The properties were purchased in an off-market transaction. Due to BRT's understanding of the importance of moving quickly to take advantage of this opportunity, the firm was able to perform its due dilligence and issue a commitment letter within a week and get the loan closed within three weeks.

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Meridian Capital Group arranges $29.65 million construction loan for single-family residential development

Plano, TX Meridian Capital Group has arranged $29.65 million in construction financing for the first phase of a single-family residential community located at 2601 East Parker Rd. The 80% loan-to-cost, non-recourse financing was provided by Arixa Capital and