Meridian Capital Group negotiates $36.4 million in financing for multifamily properties in New York, Bronx and Great Neck

Meridian Capital Group, LLC, one of the leading national commercial real estate finance and advisory firms, arranged the following transactions totaling $36.4 million: * A new mortgage of $3.25 million on a 26-unit, eight-story multifamily building located on Frederick Douglass Boulevard. The loan features a rate of 2.95% and a three-year term. Shamir Seidman and Daniel Neiss negotiated this transaction. * New mortgages totaling $11.55 million on three multifamily properties totaling 252 units located on Bronx Park East, Valentine Avenue and Hull Avenue in the Bronx. The loans feature rates of 3.13% and seven-year terms. Avi Weinstock negotiated these transactions. * New mortgages totaling $7.96 million on three multifamily properties totaling 97 units located on Ogden Avenue, Carpenter Avenue and Gerard Avenue in the Bronx. The loans feature rates of 3.00% and nine-year terms. Michael Kesselman negotiated these transactions. * A new mortgage of $5.6 million on a 91-unit, six-story multifamily building located on Powell Avenue in the Bronx. The loan features a rate of 3.63% and a 10-year term. Allan Lieberman and Asher Haft negotiated this transaction. * Meridian negotiated a new mortgage of $4.5 million on a 50-unit, five-story multifamily building located on Dongan Place. The loan features a rate of 3.13% and a five-year term. Morris Diamant and Tzvi Krieger negotiated this transaction. A new mortgage of $3,500,000 was placed by Meridian on a 16-unit, four-story multifamily building located on Great Neck Road in Long Island, NY. The loan features a rate of 3.00% and a 10-year term. Aaron M. Birnbaum and Carol Shelby negotiated this transaction.