MERIDIAN CAPITAL GROUP ARRANGES $16 MILLION LOAN FOR APARTMENT COMMUNITY

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GALLOWAY, OHIO — Meridian Capital Group has secured $16 million for the refinancing of Harvest Glen, a 320-unit apartment community located at 1919 Georgesville Rd. in Galloway. The loan carries a 5.3 percent fixed interest rate over a 7-year term with 2 years interest only. Michael Brown and Brad Gladsden with Meridian’s Florida office arranged the loan. The borrower and lender were undisclosed.

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