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A new mortgage was placed by Meridian for $2,700,000 on a 108-unit, 6-story Elevator Apartment Building on Brighton 1st Street in Brooklyn, NY.


A new mortgage was placed by Meridian Meridian (mərĭd`ēən), city (1990 pop. 41,036), seat of Lauderdale co., E Miss., near the Ala. line; settled 1831, inc. 1860.  for $2,700,000 on a 108-unit, 6-story Elevator elevator, in machinery
elevator, in machinery, device for transporting people or goods from one level to another. The term is applied to the enclosed structures as well as the open platforms used to provide vertical transportation in buildings, large ships,
 Apartment Building on Brighton Brighton, city (1991 pop. 134,581) and district, East Sussex, SE England. The largest and most popular resort in S England, Brighton also has engineering works and factories that manufacture office machinery, machine tools, electrical apparatus, vacuum cleaners,  1st Street in Brooklyn, NY. The loan featured a rate of 6.125% and a 10-year term. The transaction was negotiated by Joseph Taub.
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Title Annotation:FINANCE
Publication:Real Estate Weekly
Date:Jul 5, 2006
Words:44
Previous Article:Greystone Servicing Corporation, Inc. provided a $1,300,000 loan to Gary Pereira and Linda Pereira, as Joint Tenants, for the acquisition of...
Next Article:A new mortgage was placed by Meridian for $1,500,000 on a 1-story Commercial Building on 39th Street in Brooklyn, NY.(FINANCE)
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