MERIDIAN ARRANGES $66M IN FINANCING ILL. RETAIL CENTER

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CHICAGO — Meridian Capital Group has secured a $66 million senior mortgage on behalf of Baker Development Corp. to refinance its 178,700-square-foot shopping center, located at 2100-2196 N. Elston Ave. in Chicago. Jacob Schmuckler and Ronnie Levine of Meridian's New York City office arranged the 5-year financing, which was provided by a balance sheet lender.

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