Meridian Capital Group negotiates $57.6 million in financing for six properties

Meridian Capital Group, LLC, a leading national commercial real estate finance and advisory firm, negotiates $57.6 million in financing for mixed-use and multifamily properties in New York, Brooklyn and Queens. The deals included the following transactions: * A new mortgage of $5.5 million was placed by Meridian on a six-story, 42-unit multifamily property located on Ocean Ave. in Brooklyn. The loan features a rate of 2.75% and a four-year term. This transaction was negotiated by Judah Hammer and Daniel Neiss. * Meridian negotiated a new mortgage in the amount of $22.5 million on a 13-story, 64-unit multifamily property on West End Ave. The loan features a rate of 3.33% and a five-year term. Carol Shelby and Dani Sabesan negotiated this transaction. * A new mortgage of $15 million was placed by Meridian on a nine-story, 37-unit multifamily property located on West 70th St. The loan features a rate of 3.25% and a seven-year term. This transaction was negotiated by Shamir Seidman and Neiss. * Meridian negotiated a new mortgage in the amount of $7.6 million on a four-story mixed-use property totaling 35 units and 14,000 s/f of retail space located on Lefferts Blvd. in Kew Gardens. The loan features a rate of 3% and a five-year term. Joseph Taub and Daniel Blumenthal negotiated this transaction. * A new mortgage of $4.275 million was placed by Meridian on a six-story, 19-unit multifamily property located on Kenilworth Place in Brooklyn. The loan features a rate of 3.25% and a five-year term. This transaction was negotiated by Scott Assouline and Jacob Nefoussi. * Meridian negotiated a new mortgage in the amount of $2.7 million on a four-story, four-unit mixed-use property located on Charles St. The loan features a rate of 3.38% and a five-year term. Assouline and Nefoussi negotiated this transaction. Founded in 1991, Meridian Capital 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.