Meridian Capital Group arranges $24 million in bridge financing for in-construction property

New York, NY Meridian Capital Group arranged $24 million in financing to refinance a development on Sherman Ave.

The 30-month loan features a prime-based rate and was negotiated by Meridian vice presidents Eli Serebrowski and Eli Finkel, who are based in the company’s New York City headquarters.

“The sponsor is an extremely experienced developer who has built many buildings in the New York area. He tasked us with getting the best terms possible and to close very quickly. His comment to us at closing was that he has never had a more pleasant experience with a construction loan before, both on the banks side and with the brokers. It was a smooth, clean and transparent process,” said Serebrowski.

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Investment Property Realty Group closes $2.65 million sale of 723 6th Ave. in Greenwood Heights

Brooklyn, NY Investment Property Realty Group (IPRG) closed the sale of 723 6th Ave., a mixed-use building located in the Greenwood Heights section of the city, for $2.65 million.

CM&B completes 15,000 s/f Activate Games NYC debut in Union Square

Investment Property Realty Group closes $2.175 million sale of 247 Leonard St.

IPRG closes $2.175m sale of 247 Leonard St.

GFP Real Estate continues leasing momentum at 322 Eighth Ave. with 9,952 s/f of transactions

GFP continues leasing momentum at 322 Eighth Ave.

Zimmet Law Group signs 5,476 s/f lease at GFP Real Estate’s 515 Madison Ave.

Zimmet Law signs 5,476 s/f lease at GFP’s 515 Madison Ave.

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