Mid Atlantic Real Estate Journal — September 14 - 27, 2012 — 3A
www.marejournal.com
M ID A TLANTIC R EAL E STATE J OURNAL In financing for multifamily and office properties MeridianCapital Group, LLC negotiates $52.8 million
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SELIN, NJ — Meridian Capital Group, LLC an- nounced the following transactions: A new mortgage of $2 mil- lion was placed by Meridian on University Commons, a 48-unit multifamily property located in Philadelphia, PA. The loan features a rate of 3.10% and a five-year term. This transac- tion was negotiated by Emil DePasquale. Meridian negotiated a new mortgage in the amount of $29.1 million on the 375-unit LaSalle ParkApartments locat- ed in Hyattsville, MD. The loan features a rate of 3.80% and a 10-year term. This transaction was negotiated by Shimshie Tepper and Barry Lefkowitz A new mortgage of $7.5 mil- lion was placed by Meridian on an 11-story, 125-unit multifam- ily property on Henry Hudson Parkway in Riverdale, NY. The loan features a rate of 3.25% and a five-year term. This transaction was negotiated by Israel Schubert. Meridian negotiated a new mortgage in the amount of $6.5 million on the 158-unit Townhomes of Regency Place multifamily property located
M. MILLER & SON Public Adjusters Since 1960
1211 Liberty Ave., Hillside, NJ 07205 ● Tel: 908-355-4800 adjuster@mmillerson.com ● www.mmillerson.com
Recent Financings Arranged By Meridian Capital Group
LaSalle Park Apartments
in Philadelphia, PA. The loan features a rate of 3.63% and a five-year term. This transac- tion was negotiated by Steven Halpert. A new mortgage of $5 mil- lion was arranged by Meridian to refinance a five-property, 37,000 s/f medical office port- folio located in Northern New Jersey. The loan features a rate of 4.25% and a seven-year
term. This transaction was negotiated by Jay Jacobovitch and Barry Lefkowitz. Meridian negotiated a new mortgage in the amount of $2.7 million on two multifamily properties totaling 60 units in Teaneck and Fort Lee, NJ. The loan features a rate of 4.25% and a 15-year term. This trans- action was negotiated by Elliot Treitel. ■
Walnut Street 375 Units $51,000,000 Philadelphia, PA
Berkshire at the Shipyard 93 Units $32,900,000 Hoboken, NJ
OFFER DEADLINE: OCTOBER 5, 2012 6 Waterfront Industrial Properties * Florida * New Jersey * Maryland Act Now! BANKRUPTCY SALE Subject to Bankruptcy Court Approval
LaSalle Park Apartments 354 Units $29,100,000 Hyattsville, MD
Millville, NJ 234,013 Sq. Ft. on 19.20 Acres
Salisbury, MD 10 & 20 Acres of Industrial Land
Hidden Creek Apartments 236 Units $23,500,000 Bayville, NJ
Founded in 1991, Meridian Capital Group, LLC is one of the nation’s larJest FoPPerFial real estate ðnanFe and adYisor\ ðrPs :orNinJ Zith a Eroad arra\ of Fapital proYiders, Meridian arranJes ðnanFinJ for transaFtions of all si]es and propert\ t\pes inFludinJ ÷ MultifaPil\
Excellent Boat Manufacturing Real Estate Opportunities with Major Redevelopment Potential! GA Keen Realty Advisors P: 646-381-9222 www.greatamerican.com/keen
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3lease FontaFt ,srael 6FhuEert at 1 to learn Pore aEout Meridian’s uniTue approaFh and to disFuss \our ðnanFinJ needs
517 Route 1 South, Suite 4000 Iselin, NJ 08830 | www.meridiancapital.com
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