Wednesday, February 20, 2008

Meridian Capital Group Arranges Financing for Norcross, GA Retail Property

NORCROSS, GA - Meridian Capital Group has arranged a loan in the amount of $5,100,000 for the Spalding Center, a 51,652 square foot retail property located at 6365 Spalding Drive. Barak Amram and Matt Weiler of Meridian’s Florida office negotiated to secure a rate of 5.72% over a 5-year term.

Founded in 1991, Meridian Capital Group LLC is one of the nation’s largest mortgage brokerages serving the multifamily and commercial real estate sectors. The company is based in New York City with additional offices in New Jersey, Pennsylvania, Maryland, Illinois, Florida, California, and Texas.

Working with a wide variety of lenders, Meridian finances transactions ranging from $500,000 to more than $500 million for multifamily, co-op, office, retail, hotel, healthcare, self-storage, industrial, and construction properties. Nationally, Meridian reported more than 2,350 transactions in 2007, totaling over $16.5 billion.

Contact:
Dani Sabesan:
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Posted by Alex at 9:23 AM

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