Finance: Real Estate.Meridian Meridian (mərĭd`ēən), city (1990 pop. 41,036), seat of Lauderdale co., E Miss., near the Ala. line; settled 1831, inc. 1860. Capital Group LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control announced the following transactions: * Meridian Capital Group procured a new mortgage of $8.65 million on a 421 unit, 16 story apt. building on 99th Street in Flushing Flushing, part of Queens, New York City, United States Flushing, former village, now in N Queens borough of New York City, SE N.Y.; chartered 1645, inc. into Greater New York City with Queens in 1898. , N.Y. The loan featured a rate of 6.25% and a 7 year term. Jeffrey J. Weinberg & Charles Grussgott negotiated the transaction. * A new mortgage of $7.75 million was placed by Meridian on a 149 unit, 7 story apt. building on Lincoln Avenue in Staten Island Staten Island (1990 pop. 378,977), 59 sq mi (160 sq km), SE N.Y., in New York Bay, SW of Manhattan, forming Richmond co. of New York state and the borough of Staten Island of New York City. , N.Y. The loan featured a rate of 5.75% and a 7 year term. Samuel M. Spinner negotiated the transaction. * Meridian arranged a new mortgage of $4 million on a 106 unit, 6 story apt. building on East 18th Street in Brooklyn, N.Y. The loan featured a rate of 5.02% and a 7 year term. Saul Piller negotiated the transaction. * A new mortgage of $3.385 million was placed by Meridian on a 42 unit, 5 story building on East 81st Street in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , N.Y. The loan featured a rate of 4.31% and a 10 year term. Avi Weinstock & Josh JOSH Joshua JOSH Job Scheduling Hierarchically Rhine negotiated the transaction. * A new mortgage of $2.5 million was negotiated by Meridian on a 73 unit, 6 story apt. building on Grand Concourse in the Bronx. The loan featured a rate of 5.875% and a 10 year term. Michael Kesselman arranged the transaction. * A new mortgage of $2.38 million was placed by Meridian on a 112 unit, 6 story apt. building on 4th Avenue in Brooklyn, N.Y. The loan featured a rate of 5.76% and a 10 year term. Allan Lieberman negotiated the transaction. * A new mortgage of $2.1 million was placed by Meridian on a 58 unit, 4 story apt. building on Seabreeze Avenue in Brooklyn, N.Y. The loan featured a rate of 5.750% and a 5 year term. Joseph Taub negotiated the transaction. * GCP GCP Good Clinical Practice GCP Ground Control Point GCP Global Carbon Project GCP Gateway Control Protocol GCP Global Consciousness Project GCP Granulocyte Chemotactic Protein GCP Grand Central Parkway (New York) Capital Group LLC announced the following transactions: * A $4.6 million loan for an eight-story hotel in Queens, N.Y.; * A $1.7 million loan for a 13,000 SF medical office building in Brooklyn, N.Y.; * A $2.3 million loan for a five-story apartment building on W. 108th St. in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. ; * A $2.4 million loan for a six-story apartment building on Walton Ave. in the Bronx; * A $2.1 million loan for a six-story apartment building in New York City. Paul Greenbaum, Matthew Classi, Adam Brostovski, Judd Volk, and Louis Perlmutter arranged the financing for these transactions. Winter & Company announced the following transactions: * A $4.5 million acquisition/renovation loan for a five-story commercial building on Park Ave. in New York City. The loan featured a 5.5% rate and a 20-year term. Gregg Winter, president, and Henry Berliss, executive vice president, arranged the financing for this transaction; * A $5 million loan for a six-building co-op complex in Elmhurst, N.Y. The loan featured a 6.48% rate and a 30-year term; * A $6.7 million loan for a 19-story building on Fifth Ave. in New York City. The loan featured a 5.95% rate and a 10-year term; * A $5.5 million loan for a 13-story co-op building on W. 90th St. in New York City. The loan featured a 15-year term and a 30-year amortization schedule; * A $1.23 million loan for a six-story co-op building on W. 79th St. in New York City. The loan featured a 10-year term. David Cronheim Mortgage Corp. arranged a $58 million loan for a luxury apartment complex in West New York West New York, town (1990 pop. 38,125), Hudson co., NE N.J., atop the Palisades across the Hudson River from New York City; settled 1790, inc. 1898. It is a residential town with some light industry. West New York is also a leading U.S. embroidery center. , N.J. The loan featured a five-year term. |
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