Meridian Capital Group Closes Nearly $18M in New Loans

MERIDIAN CAPITAL GROUP ARRANGES $10M IN FINANCING FOR CONYERS, GA MULTIFAMILY BUILDINGS

CONYERS, GA - Meridian Capital Group has arranged $10,000,000 in financing for a property located at 1501 Renaissance Drive. (top right photo)

The property consists of 9 two and three story buildings and a total of 192 residential units. Max Beyderman and David Cohen of Meridian’s New Jersey office negotiated on behalf of the borrower to secure a 5-year term mortgage at a rate of 6%.

MERIDIAN CAPITAL GROUP ARRANGES $7.68M IN FINANCING
FOR ST. PETERSBURG, FL MULTIFAMILY PROPERTY

St. Petersburg, FL - Meridian Capital Group has arranged $7,680,000 in financing for a property located at 3700 9th Avenue North. (bottom left photo)

The property consists of 2 three-story buildings and a total of 142 residential units.

Jim Bologno and David Cohen of Meridian’s New Jersey office negotiated on behalf of the borrower, Newport Property Ventures, to secure a 7-year term mortgage at a rate of 5.75%.

CONTACT: Dani Sabesan: dsabesan@meridiancapital.com, (212) 612-0109