Meridian finances six mortgages totaling $80.17m

Meridian Capital Group, LLC has negotiated the following six mortgages totaling $80.17 million: * A new $3.52 million mortgage on an eight-unit mixed-use building with 1,300 s/f of retail space on Rivington St. The loan features a rate of 3% and a 10-year term. Cary Pollack of Meridian negotiated this transaction. * A new $46.5 million mortgage was placed by Meridian on three multifamily buildings totaling 83 units located on East 12th St. and West 11th St. The loan features a rate of 3% and a 10-year term. Carol Shelby and Dani Sabesan of Meridian negotiated this transaction. * A new $12.5 million mortgage on a 31-unit, six-story multifamily building on Eighth Ave. The loan features a rate of 3.25% and a 10-year term. Shelby and Sabesan of Meridian negotiated this transaction. * A $12.3 million new mortgage was placed by Meridian on a 97-unit, six-story multifamily building on Tiemann Pl. The loan features a rate of 3.3% and a 10-year term. David Hayum of Meridian negotiated this transaction. * A new $2.95 million mortgage on an eight-unit, five-story multifamily building on East Fourth St. The loan features a rate of 3% and a 10-year term. Pollack negotiated this transaction. * A new $2.4 million mortgage was placed by Meridian on a 12-unit, six-story multifamily building on East 111th St. The loan features a rate of 3% and a 10-year term. Hayum negotiated this transaction. Founded in 1991, Meridian Capital Group, LLC 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. www.meridiancapital.com