CHICAGO — New York City-based Meridian Capital Group has arranged more than $6 million in financing for three multifamily properties in Chicago. Tannie Schnell of Meridian’s Illinois office has arranged $3.28 million in financing for a multifamily building located at 1441 W. Howard St. in Chicago. The 62-unit apartment community is situated within the East Rogers Park neighborhood. Financing was based on a 5-year term mortgage, with a rate of 5.13 percent. Gershon Friedman, also of Meridian’s Illinois office, has brokered approximately $2.92 million in financing for two Chicago apartment buildings located at 6810 N. Lakewood Ave. and 3915 N. Fremont Ave. Combined, the properties contain 51 units. Financing was based on a 5-year term mortgage, with a rate of 5.33 percent.
Meridian Capital has arranged $2.92 million in financing for two apartment buildings, one of which is located at 6810 N. Lakewood Ave. in Chicago.
MERIDIAN CAPITAL ARRANGES $6 MILLION IN FINANCING FOR CHICAGO PROPERTIES
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