REBusinessOnline

Meridian Capital Arranges $11M Loan to Refinance Retail Property in Miami

MIAMI — Meridian Capital has arranged an $11 million loan to refinance Village Portico, a 28,700-square-foot retail center located at 201-299 S.W. Eighth St. in Miami’s Brickell neighborhood. The property is anchored by a CVS/pharmacy, McDonald’s and Subway and is zoned for an additional 600,000 square feet of air rights. Eric Trombly of Meridian Capital’s Boca Raton, Fla., office arranged the seven-year loan through a regional balance sheet lender. The financing features a fixed interest rate and flexible prepayment terms.




Content Partners
‣ Arbor Realty Trust
‣ Bohler
‣ Lee & Associates
‣ Lument
‣ NAI Global
‣ Northmarq
‣ Walker & Dunlop

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