Business Services Industry
Meridian Capital
Real Estate Weekly, Dec 20, 2000
Meridian Capital is pleased to announce to closing of a $17,000,000 bridge loan on a 190,000-s/f office/loft building on Manhattan's West Side. At present, close to 3/4 of the space is either vacant or rented month-to-month. The lender structured a loan that allowed for the purchase of a controlling interest in an existing partnership and funded the entire renovations and tenant lease up expenses.
Sam Spinner negotiated the loan.
COPYRIGHT 2000 Hagedorn Publication
COPYRIGHT 2008 Gale, Cengage Learning
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