Thursday, March 2, 2017

Meridian Capital Group’s Florida Office Announces Four Recent Loan Closings Totaling $14 Million


Eric Trombly
Boca Raton, FL, March 2, 2017 -- Meridian Capital Group, America’s most active debt broker, announces four closed transactions in Florida.

Meridian arranged $3.2 million in financing for the purchase of a three-story, 7,941 square foot retail property, located at 919 Collins Avenue in Miami Beach, FL. The 10-year balance sheet loan, featuring a fixed rate of 4.13%, was negotiated by Vice President, Eric Trombly.

A new mortgage of $2.2 million was placed by Meridian on the 23,160 square foot Wauchula Square retail property, located in Wauchula, FL. The five-year balance sheet loan features a fixed rate of 4.25% and was negotiated by Executive Vice President, Jeff Weinberg.

Meridian negotiated $2.2 million in financing for the refinance of the 26-unit Oakland Park multifamily property, located in Fort Lauderdale, FL. The five-year Freddie Mac loan features a fixed rate of 3.47% and was negotiated by Senior Vice President, Jonathan Zilber.

Jonathan Zilber



A new mortgage of $8.6 million was placed by Meridian on the 112-unit Malabar Lake Apartment complex, located in Palm Bay, FL. The 10-year Freddie Mac loan features a fixed rate of 4.75% and was negotiated by Senior Managing Director, Abe Hirsch.

Founded in 1991, Meridian Capital Group is America’s most active debt broker and one of the nation’s leading commercial real estate finance advisory firms. In 2016, Meridian closed $35 billion in transaction volume.

Since inception, the company has closed more than $270 billion in financing with the full complement of capital providers, encompassing local, regional and national banks, CMBS lenders, agency lenders, mortgage REITs, life insurance companies, credit unions and private equity funds.

Meridian arranges financing for many of the world’s leading real estate investors and developers and the company’s expansive platform has specialized practices for a broad array of property types including office, retail, multifamily, hotel, mixed-use, industrial, healthcare, student housing and self-storage properties.

Meridian is headquartered in New York City with offices in New Jersey, Maryland, Illinois, Ohio, Florida and California. www.meridiancapital.com

For a complete copy of the company’s news release, please contact:

Jonathan Stern
Meridian Capital Group
212/972-3600