MERIDIAN ARRANGES $72.3M CMBS LOAN TO REFINANCE TWO NYC OFFICE BUILDINGS

by admin

NEW YORK CITY — Meridian Capital Group has arranged a $72 million loan to refinance two office properties in the Garment District of New York City. David Hayum of Meridian negotiated the 10-year loan through Morgan Stanley. The two office properties, totaling 250,000 square feet, were recently repositioned and are home to many high-tech tenants and fashion showrooms.

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