Meridian Capital Group Arranges Financing for Multi-Family Building in Fort Lauderdale, FL

FORT LAUDERDALE, FL - Meridian Capital Group has arranged a loan in the amount of $3,00,000 for the refinance of 96 residential units (Park Apartments, top right photo) located at 1901 NW 46th Avenue.



Chaim Lanner of Meridian’s Florida office negotiated to secure a rate of 5.70% over a 10-year term with 3 years of interest only payments.

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: dsabesan@meridiancapital.com (212) 612-0109