$27 MILLION LOAN SECURED FOR 11-PROPERTY APARTMENT PORTFOLIO

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CALIFORNIA — Alex J. Katz and Shana Klisanin of Meridian Capital Group’s Los Angeles office have secured a more than $27 million loan for an 11-property multifamily portfolio. The apartment complexes, which encompass 395 units, are located in Southern California. The non-recourse loan carries a 5.6 percent fixed interest rate for 10 years.

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