Welch of SJP Props. speaks at May event

May luncheon guest speaker, David Welch, CFO of SJP Properties, discussed his firm’s projects in New York City and New Jersey including 11 Times Sq., 45 Park Ave., The Platinum on 46th St. and Eighth Ave., 95 Greene St. in Jersey City and Waterfront Corporate Center in Hoboken.

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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