Tuesday, January 6, 2009

Meridian Capital Group Arranges Over $4M in Financing for Office Condo in Miami, FL

MIAMI, FL - Meridian Capital Group has arranged a loan in the amount of $4,359,500 for the refinancing of a 14-story office condo on Biscayne Blvd. The borrower was looking to secure an inventory loan for the remaining office condos with release clauses for each of the remaining units.

Noam Kaminetzky (top right photo) of Meridian’s Florida office successfully negotiated on behalf of the borrower to secure a rate of 6.75% over a 9-year term.

Contact: Dani Sabesan: 212 612-0109, dsabesan@meridiancapital.com
Posted by Alex at 11:58 AM
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