REBusinessOnline

Meridian Capital Arranges $49M Refinancing for Office Building in Manhattan

NEW YORK CITY — Meridian Capital Group has arranged $49 million in refinancing for 232 Madison Ave., a 16-story office building in Midtown Manhattan. Jeff Weinberg and Rael Gervis of Meridian secured the refinancing on behalf of an undisclosed borrower. The five-year loan, which a savings bank provided, features two years of interest-only payments. The 132,000-square-foot building is located on the corner of Madison Avenue and East 37th Street.

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