MERIDIAN ARRANGES $5.5M FINANCING PACKAGE

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NEW YORK CITY — Meridian Capital Group has arranged a $5.5 million refinancing package for three multifamily buildings on the Upper East Side. The five-year loan features a 2.9 percent interest rate and flexible payment terms. The properties, totaling 48 units, are located at East 70th Street, East 75th Street and East 78th Street. The buildings are near Central Park, Lenox Hill Hospital and a subway line. Shamir Seidman of Meridian secured the loan.

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