Meridian Capital Group negotiates $55.1 million for six new mortgages

September 13, 2010 - Front Section
Meridian Capital Group, LLC has completed six new mortgages totaling $55.1 million. The deals include: * $23 million was placed on a multifamily building on Park Ave. The loan was negotiated by Moshe Majeski and Rael Gervis. * $12 million on a two-story retail building on Broadway. The loan was negotiated by Morris Diamant and Joe Klein. * $10 million was placed on a 115-unit, 15-story multifamily building on West 88th St. The interest-only loan was negotiated by Avi Weinstock. * $5.5 million on a 107-unit co-op building on S. Park Ave. in Rockville Centre. The loan was negotiated by Steve Geller. * $3.5 million on two, owner-occupied supermarkets, totaling 25,300 s/f in Brooklyn. Benjamin Klugman and Josh Rhine handled this deal. * $1.1 million on a 23-unit, three-story multifamily building on Willow Ln., Bronx. The loan was negotiated by David Hayum and Zev Feder.

New York Real Estate Journal • 17 Accord Park Drive #207, Norwell MA 02061 • (781) 878-4540 • Contact