MERIDIAN CAPITAL ARRANGES $9.9M ACQUISITION LOAN FOR APARTMENT COMMUNITY

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JACKSONVILLE, FLA. — Meridian Capital Group LLC has secured a $9.9 million acquisition loan for San Pablo Apartments, a 200-unit multifamily community located at 14401 Jose Vedra Blvd. in Jacksonville. Michael Brown and Noam Kaminetzky of Meridian Capital’s Boca Raton office arranged the 10-year Fannie Mae loan with a fixed interest rate of 4.69 percent on behalf of the unnamed borrower.

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