Finance: Real Estate

Real Estate Weekly, Jan 15, 2003

Meridian Capital Group LLC announced the following transactions:

* Meridian Capital Group procured financing of $10 million on a 87 unit, 9 story apt. building on Riverside Drive in New York City. The loan featured a rate of 6.125% and a 10 year term. Avi Weinstock negotiated the transaction.

* Meridian placed a new mortgage of $3.825 million on a 71 unit, 6 story apt. building on Ocean Avenue in Brooklyn, NY. The loan featured a rate of 5.625% and a 7 year term. The transaction was negotiated by Cary E. Pollack.

* A new mortgage of $2.48 million was arranged by Meridian on a 62 unit, 6 story apt. building on Main Street in New Rochelle, N.Y. The loan featured, a rate of 5.03% and a 12 year term. Allan Lieberman negotiated the transaction.

* A new mortgage of $1.85 million was placed by Meridian on a 49 unit, 5 story apt. building on Davidson Avenue in the Bronx. The loan featured a rate of 5.66% and a 10 year term. Michael Kesselman arranged the financing.

* A new mortgage of $1.3 million was placed by Meridian on a 43 unit, 4 story apt. building on Linden Blvd. in Brooklyn, N.Y. The loan featured a rate of 5.5% and a 10 year term. The transaction was negotiated by Morris Diamant.

* Meridian negotiated a new mortgage of $1.3 million on a 60 unit, 6 story apt. building on Holland Avenue in the Bronx. The loan featured a rate of 6.25% and a 15 year term. Charles Grussgott arranged the transaction.

* A new mortgage of $1.3 million was placed by Meridian on a 11 unit, 5 story apt. building on E. 90th Street in New York City. The loan featured a rate of 4.84% and a 10 year term. Aaron M. Birnbaum and Carol Shelby negotiated the transaction.

Emigrant Funding Corporation announced the following transactions:

* A $225,000 loan for a four-story co-op building in Brooklyn, N.Y.;

* A $950,000 loan for a six-story co-op building in Brooklyn, N.Y.;

* A $475,000 loan for a five-story apartment building in New York City;

* A $200,000 loan for a three-story apartment building in Astoria, N.Y.;

* A $180,000 loan for a three-story apartment building in Brooklyn, N.Y.;

* A $179,900 acquisition loan for a three-story apartment building in the Bronx;

* A $164,500 loan for a three-story apartment building in Brooklyn, N.Y.;

* A $500,000 acquisition loan for a two-story building in West Harrison, N.Y.;

* A $2.75 million loan for two five-story apartment building in the Bronx;

* A $180,000 acquisition loan for a three-story apartment building in Jersey City, N.J.;

* A $430,000 loan for a three-story, mixed-use building in Brooklyn, N.Y.;

* A $243,750 loan for a three-story apartment building in Cliffside Park, N.J.;

* A $499,000 loan for a four-story apartment building in Yonkers, N.Y.;

* A $182,000 loan for a three-story, mixed-use building in North Bergen, N.J.;

* A $175,000 loan for a two-story, mixed-use building in West New York, N.J.;

* A $650,000 acquisition loan for a fourstory apartment building in Flushing, N.Y.;

* A $499,000 loan for a one-story commercial building in Lynbrook, N.Y.;

* A $120,000 loan for a four-story, mixed-use building in the Bronx;

* A $150,000 loan for a two-story, mixed-use building in the Bronx;

* A $266,250 acquisition loan for a three-story apartment building in Ridgewood, N.Y.;

* A $150,000 acquisition loan for a three-story, mixed-use building in Passaic, N.J.;

* A $175,000 loan for a four-story apartment building in Brooklyn, N.Y.;

* A $530,000 loan for a co-op building in New York City;

* A $125,000 loan for a three-story apartment building in Astoria, N.Y.;

* A $1.6 million loan for a seven-story apartment building in the Bronx;

* A $310,000 loan for a four-story co-op building in Brooklyn, N.Y.;

* A $300,000 loan for a four-story, mixed-use building in New York City;

* A $100,000 loan for a three-story, mixed-use building in Brooklyn, N.Y.;

* A $290,000 acquisition loan for a one-story, mixed-use building in Corona, N.Y.;

* A $225,000 acquisition loan for a two-story, mixed-use building in Union City, N.J.;

* A $650,000 loan for a four-story apartment building in Ridgewood, N.Y.;

* A $150,000 loan for a mixed-use building in Newark, N.J.;

* A $600,000 loan for a four-story apartment building in New York City;

* A $325,000 loan for a one-story office building in Jamaica, N.Y.;

* A $162,500 loan for a four-story, mixed-use building in the Bronx.

M. Robert Goldman & Company, Inc. announced the following transactions:

* A $4.625 million loan for a 41,491 SF office building, on Northern Boulevard in Manhasset, N.Y. The loan featured a 15-year term;

* A $2.85 million acquisition loan for a 27,272 SF office building on Franklin Ave. in Garden City, N.Y.;

* A $2.9 million mortgage for a 106,874 SF warehouse facility on Enter Lane in Islandia, N.Y.

M. Tuck Capital Associates announced the following transactions:

* A $1.65 million loan for an apartment building on Ave. A in Bayonne, N.J. The loan featured a 12-year term. Brian P. Greenfield arranged the financing for this transaction:

* A $1.05 million loan for two apartment buildings in Hackensack and Bogota, N.J. The loan featured a 5.25% rate and a 10-year term. Brian P. Greenfield arranged the financing for this transaction;