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Meridian Capital Group negotiates $4.65M in financing for multifamily properties in East Orange

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Commercial real estate firm Meridian Capital Group LLC announced Thursday it negotiated $4.65 million in financing for two multifamily properties in East Orange.

According to the announcements, new mortgages of $4.65 million were placed by Meridian on two multifamily properties with 74 units. The properties are located on Lincoln Street and Prospect Street in East Orange. The loans feature rates of 2.99 percent and five-year terms. The transaction was negotiated by Elliot Treitel.


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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.

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