Meridian Cap. arranges $1.9 million in financing for Brooklyn multifamily

Meridian Capital Group recently arranged $1.9 million in financing for multifamily property located at 729 Lafayette Ave. Avi Oppenheimer and Joseph Taub of Meridian's New York office negotiated on behalf of the borrower to secure a fixed rate and a ten-year term. Founded in 1991, Meridian Capital Group LLC is one of the nation's largest mortgage brokerages serving the multifamily and commercial real estate sectors. The company is based in New York City with additional offices in New Jersey, Pennsylvania, Maryland, Illinois, Florida, California and Texas. Working with a wide variety of lenders, Meridian finances transactions ranging from $500,000 to more than $500 million for multifamily, co-op, office, retail, hotel, healthcare, self-storage, industrial, and construction properties. Nationally, Meridian reported more than 2,350 transactions in 2007, totaling over $16.5 billion.