News: Brokerage

Meridian Capital Group negotiates $44.1 million in financing; Hayum and Rosenblum finance $11.61 million in new mortgages

Meridian Capital Group, LLC, one of the leading national commercial real estate finance and advisory firms, arranged the following mortgages totaling $44.1 million: * A new mortgage of $8.5 million on a nine-unit, five-story multifamily building located on Mercer St. The loan features a rate of 3% and a three-year term. Ronnie Levine and Jeffrey Berkes negotiated this transaction. * A new mortgage of $3.6 million on a 141-unit, six-story cooperative building located on 171st St. in Queens. The loan features a rate of 3.75% and a 12-year term. Carol Shelby and Dani Sabesan negotiated this transaction. * A new mortgage of $2.6 million on a 24-unit, five-story multifamily building located on Nagle Ave. The loan features a rate of 3% and a 10-year term. Morris Diamant and Tzvi Krieger negotiated this transaction. * New mortgages totaling $12.3 million on two seven-story multifamily buildings totaling 250 units. The properties are located on Jerome Ave. and West 166th St. in the Bronx. The loans feature rates of 3.50% and 10-year terms. Diamant and Joseph Akerman negotiated these transactions. * New mortgages totaling $11.61 million on two six-story multifamily buildings totaling 132 units located on East 179th St. and Perry Ave. in the Bronx. The loans feature rates of 3.75% and 12-year terms. David Hayum and Moe Rosenblum negotiated these transactions. * A new mortgage of $5.5 million on a 215-unit, six-story cooperative building located on Kissena Blvd. in Queens. The loan features a rate of 3.88% and a 10-year term. Allan Lieberman negotiated this transaction.
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