Meridian Capital Group’s Florida Office Announces Four Recent Loan Closings Totaling $14 Million

Meridian Capital Group, America’s most active debt broker, announces four closed transactions in Florida.

Meridian arranged $3.2 million in financing for the purchase of a three-story, 7,941 square foot retail property, located at 919 Collins Avenue in Miami Beach, FL. The 10-year balance sheet loan, featuring a fixed rate of 4.13%, was negotiated by Vice President, Eric Trombly.

A new mortgage of $2.2 million was placed by Meridian on the 23,160 square foot Wauchula Square retail property, located in Wauchula, FL. The five-year balance sheet loan features a fixed rate of 4.25% and was negotiated by Executive Vice President, Jeff Weinberg.

Meridian negotiated $2.2 million in financing for the refinance of the 26-unit Oakland Park multifamily property, located in Fort Lauderdale, FL. The five-year Freddie Mac loan features a fixed rate of 3.47% and was negotiated by Senior Vice President, Jonathan Zilber.

A new mortgage of $8.6 million was placed by Meridian on the 112-unit Malabar Lake Apartment complex, located in Palm Bay, FL. The 10-year Freddie Mac loan features a fixed rate of 4.75% and was negotiated by Senior Managing Director, Abe Hirsch.

Founded in 1991, Meridian Capital Group, LLC is one of the nation’s largest commercial real estate finance and advisory firms. Meridian is headquartered in New York with offices in New Jersey, Maryland, Illinois, Florida and California. Working with a broad array of capital providers, Meridian arranges financing for transactions ranging from $1 million to more than $500 million for multifamily, co-op, office, retail, hotel, mixed-use, industrial, healthcare, student housing, self-storage and construction properties. www.meridiancapital.com