Real finance estate

Real Estate Weekly, Feb 6, 2002

Meridian Capital Group announced the following transactions:

* A $10 million mezzanine loan for a 16-story luxury apartment building on E. 34th St. in New York City;

* A $3.6 million mortgage for a six-story, multifamily building on Sherman Ave. in New York City. The loan featured a 6.01% rate and a 10-year term. Cary E. Pollack negotiated this transaction;

* A $2.4 million mortgage for a six-story multifamily building on Claflin Ave. in the Bronx. The loan featured a 6.75% rate and a 10-year tenn. Avi Weinstock and Saul Piller negotiated this transaction;

* A $2.05 million mortgage for a six-story, multi-family building on Broadway in New York City. The loan featured a 6.875% rate and a seven-year term. David Hayum negotiated this transaction;

* A $1.785 million mortgage for a five-story, mixed-use building on W. 46th St. in New York City. The loan featured a 6.875% rate and a 10-year term. Gary E. Pollack negotiated this transaction;

* A $1.1 million mortgage for a five-story, multi-family building on E. 11th St. in New York City. The loan featured a 7% rate and a 10-year term. Marty Jacobs and Gary E. Pollack negotiated this transaction;

* A $12 million mortgage for a 126,824 SF commercial building on Broadway in New York City. The loan featured a 6.75% rate and a 10-year term. Gary E. Pollack negotiated this transaction;

* A $6 million mortgage for a six-story, multifamily building on 31st St. in Astoria, N.Y. The loan featured a 6.25% rate and a 10-year term. Avi Weinstock negotiated this transaction;

* A $5.6 million mortgage for a six-story, multifamily building on Gravesend Neck Road in Brooklyn, N.Y. The loan featured a 5.723% rate and a 10-year term. Jeffrey J. Weinberg negotiated this transaction;

* A $4.24 million mortgage for a six-story, multi-family building on West End Ave. in New York City. The loan featured a 6.5% rate and a 10-year term. Avi Weinstock negotiated this transaction;

* A $2.4 million mortgage for a six-story, multifamily building on Claflin Ave. in the Bronx. The loan featured a 6.75% rate and a 10-year term. Avi Weinstock and Saul Piller negotiated this transaction;

* A $2 million mortgage for a six-story, elevator apartment building on Brooklyn Ave. in Brooklyn, N.Y. The loan featured a 6.32% rate and a 10-year term. David Ostrov and Samuel M. Spinner negotiated this transaction.

Column Financial, Inc. arranged a $1.275 million loan for a multifamily project in New York City. The loan featured a 7.79% rate, a 10-year term, and a 30-year amortization schedule.

Column Financial, Inc. arranged a $1.95 million loan for a 5,952 SF mixed-use project in Norwalk, Conn. The loan featured an 8.04% rate, a 10-year term, and a 20-year amortization schedule.

M. Robert Goldman & Company, Inc. arranged a $12.8 million permanent loan for an 87,999 SF shopping center in Centereach, N.Y. The loan featured a 25-year term. Jonathan Goldman, executive vice president, arranged the financing for this transaction.

Houlihan Parnes Realtors/iCap Realty Advisors and GHP Office Realty arranged a $4.8 million financing for two 40,000 SF office building on Ramland Road in Orangeburg, N.Y. The loan featured a 7.25% rate, a 10-year term, and a 25-year amortization schedule. Steve McCulloch, of Houlihan Parnes Realtors and Andy Greenspan, of GHP Office Realty, arranged the financing for this transaction.

Cooper-Horowitz, Inc. announced the following transactions

* A $15.8 million loan for Tri City Plaza, a 108,312 SF shopping center in Dover, N.J. E. Robert Vegh and Jeffrey H. Bijur arranged the financing for this transaction;

* A $12 million loan for Old Gate Business Park, a 343,093 SF mixed-use complex in Milford, Conn. Malcolm Jacobs arranged the financing for this transaction.