follow us:Google+ FacebookLinkedInTwitterRSS Feeds

advertisement

Meridian Capital Group negotiates $13M for multiple housing properties in N.J.

By

Back to Top Comments Email Print

Latest News

advertisement

Commercial real state firm Meridian Capital Group LLC announced the following four transactions:

According to the announcement, Meridian negotiated $4.6 million in financing for the purchase of a Staples-anchored shopping center totaling 26,115 square feet located on Deptford Road in Deptford. The loan features a rate of 3.75 percent and a seven-year term. This transaction was negotiated by Israel Schubert.

A new mortgage of $3.78 million was placed by Meridian on the five-story, 45-unit Carla Nicole Apartments multifamily property located on Boulevard East in West New York. The loan features a rate of 3.5 percent and a seven-year term. This transaction was negotiated by Elliot Treitel.

Meridian negotiated a new mortgage of $3.65 million on a four-story, 44-unit multifamily property located on Summit Avenue in Union City. The loan features a rate of 3.63 percent and a seven-year term. This transaction was negotiated by Elliot Treitel.

Meridian negotiated a new mortgage of $1 million on a four-story, 14-unit multifamily property located on Lawton Avenue in Cliffside Park. The loan features a rate of 3.5 percent and a five-year term. This transaction was negotiated by Steve Tessler, the announcement said.

ALSO ON NJBIZ:

U.S. two-man bobsled team, with help from sled created by BMW in Bergen County, wins bronze medal

Groupon’s Presidents Day ‘mistake’ is marketing move of the year

Grapevine: Mum’s the word for Christie

Share This Story On:
Emily Bader

Emily Bader

Emily Bader is the copy and web editor at NJBIZ. She is a Brielle, N.J. native and a Rutgers University alum. You can contact her at emilyb@njbiz.com or @emilybader on Twitter.

advertisement

Comments


Be the first to comment.



Please note: All comments will be reviewed and may take up to 24 hours to appear on the site.

Post Comment
     View Comment Policy

Advanced search
Sponsored by
advertisement
  
  
advertisement
  
  
advertisement
Back to Top