CLERMONT, FL - Meridian Capital Group has arranged a loan in the amount of $4,800,000 for the refinance of the Grand View Apartments.(photo above) The garden style apartment complex consists of 142 units across 12 buildings located at 840 Grand Highway.
Amenities include 288 parking spaces for residents and a beautiful clubhouse. Eric Fixler of Meridian’s Florida office negotiated to secure a rate of 5.9% over a 10-year term with 3 years of interest only. This is the fourth deal closed by Meridian on behalf of the borr
ower.
ower. 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.
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
212 612 0109
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