Business Services Industry
Meridian Capital Group
Real Estate Weekly, Dec 12, 2001
Meridian Capital Group announced the following transactions:
* A $3 million new mortgage and a $1 million line of credit for a 21-story, co-op apartment building on Park Row in New York City. The loan featured a 6.625% rate and a 12-year term. Allan Lieberman negotiated this transaction;
* A $2.55 million new mortgage for a six-story, multifamily building on Ocean Parkway in Brooklyn, N.Y. The loan featured a 6.375% rate and a 10-year term. Aaron M. Birnbaum and Carol Shelby negotiated the transaction;
* A $2.5 million new mortgage for a 31,000 SF parking garage condominium located on E. 40th St. in New York City. The loan featured a 7.25% rate and a 10-year term. Allan Lieberman negotiated this transaction;
* A $2.062 million new mortgage for a six-story elevator apartment building on Hunts Point Ave. in the Bronx. The loan featured a 6.625% rate and a 10-year term. Allan Lieberman negotiated this transaction;
* A $1.235 million new mortgage for a three-story multifamily building on E. 86th St. in Brooklyn, N.Y. The loan featured a 6.75% rate and a 10-year term. Aaron M. Bimbaum and Carol Shelby negotiated this transaction.
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