News: Brokerage

Meridian Capital negotiates $33.6 million; Weinstock handles four transactions totaling $19.38 million

Meridian Capital Group, LLC has negotiated the following transactions: Meridian negotiated a new mortgage in the amount of $10.5 million on a 90-unit, 12-story multifamily building on East 122nd St. Isaac Lifshitz negotiated this loan which features a rate of 3% and a 10-year term. A new mortgage of $8 million was placed by Meridian on a 95-unit, six-story multifamily building on 84th St. in Brooklyn. Avi Weinstock negotiated this loan which features a rate of 3% and a 10-year term. Meridian negotiated a new mortgage in the amount of $4.5 million on a 67-unit, six-story multifamily building on East 21st St. in Brooklyn. Weinstock negotiated the loan, which features a rate of 3.25% and a 10-year term. A new mortgage of $3.75 million was placed by Meridian on a 53-unit, six-story multifamily building on East 21st St. in Brooklyn. Weinstock negotiated the loan, which loan features a rate of 3.13% and a 10-year term. Meridian negotiated a new mortgage in the amount of $3.7 million on a 46-unit, four-story multifamily building on 23rd St. in Long Island City. Simon Rosenfeld negotiated the loan, which features a rate of 3.38% and a 10-year term. A new mortgage of $3.13 million was placed by Meridian on a 38-unit, four-story multifamily building on Regent Pl. in Brooklyn. Weinstock negotiated the loan, which loan features a rate of 3.25% and a 10-year term. 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, Arizona 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.
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