Daniel of Silo Financial completes $2.7m loan

Jonathan Daniel, owner and principal of Silo Financial, closed a $2.7 million loan for a 3,000 s/f co-op located at 3 East 69th St. The borrower in this deal required a short fuse cash-out refinance in order to capitalize on a business opportunity. Silo was able to close out the stated cash-out refinance loan in seven business days to meet the needs of the borrower.

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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