NEW YORK CITY AND WEST LONG BRANCH, N.J. —Meridian Capital Group has arranged a total of $14.99 million in financing for to properties in New York and New Jersey. First, Zev Feder with Meridian’s New York office arranged $10.85 million in acquisition financing for four apartment buildings located on East 82nd Street on the Upper East Side of Manhattan. The six-story buildings contain a total of 106 residential units. Terms of the loan include a 5.62 percent fixed interest rate and a 9-year term. In West Long Branch, Max Beyderman and David Cohen of Meridian’s New Jersey office arranged $4.14 million in acquisition financing for a two-story, 57,500-square-foot medical office building located on Monmouth Road. Terms of the loan include a 6.5 percent fixed interest rate and a 5-year term.
Meridian Capital Group has arranged acquisition financing for a 57,500-square-foot medical office building located in West Long Branch, N.J.
MERIDIAN CAPITAL GROUP ARRANGES TWO LOANS TOTALING $14.99 MILLION
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