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PASADENA, FLA. — Meridian Capital Group has secured a $15.75 million loan for the acquisition of Landmark at Waters Pointe, which is located at 1885 Shore Dr. South in Pasadena. The five-story multifamily property offers 198 apartment units. The 5-year loan features a fixed rate of 4.78 percent and requires interest-only payments for the first 2 years. Michael Brown and Brad Gladsden of Meridian's Florida office negotiated the transaction.