Wednesday, July 9, 2008

Meridian Capital Group Arranges Financing for Miltifamily Building in St. Petersburg, FL

ST. PETERSBURG, FL - Meridian Capital Group has arranged a loan in the amount of $5,945,000 for the refinance of Boca Ciega, (top right photo) a 109 residential unit building located at 3797 37th Street South.

Chaim Lanner of Meridian’s Florida office negotiated to secure a rate of 5.38% over a 5-year term. In addition, the building is under a HAP contract that will be renewed annually.


Contact: Meridian Capital Group, LLC
1 Battery Park Plaza
New York, NY 10004
(212) 612-0109
Dani Sabesan at dsabesan@meridiancapital.com

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