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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 placed a new mortgage of $3.4 million on a 103 unit, 6 story apt. building on Schenectady Avenue in Brooklyn, NY. The loan featured a rate of 4.25% and a 10 year term. Jeffrey J. Weinberg & David Ostrov negotiated the transaction.

* A new mortgage of $3.25 million was placed by Meridian on a 77 unit, 6 story apt. building on Caton Avenue in Brooklyn, NY. The loan featured a rate of 4.96% and a 7 year term. Avi Weinstock negotiated the transaction.

* Meridian placed a new mortgage of $2.745 million on an 85 unit, 6 story apt. building on New York Avenue The following roads are named New York Avenue:
  • New York Avenue (Washington, D.C.)
  • New York Ave-Florida Ave-Gallaudet U (Washington Metro)
  • New York Avenue (Brooklyn)
  • New York Avenue in Queens, now Guy R.
 in Brooklyn, NY. The loan featured a rate of 4.25% and a 10 year term. The transaction was negotiated by Jeffrey J. Weinberg & David Ostrov.

* A new mortgage of $1,985,500 was arranged by Meridian on a 31 unit, 6 story apt. building on West 107th Street 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.
. The loan featured a rate of 4.01% and a 10 year term. Samuel M. Spinner negotiated the transaction.

* A new mortgage of $1.85 million was placed by Meridian on a 59 unit, 6 story apt. building on East 10th Street in Brooklyn, NY. The loan featured a rate of 4.93% and a 10 year term. Avi Weinstock negotiated the transaction.

* Meridian placed a new mortgage of $1.1 million on a 43 unit, 4 story apt. building on 42nd Street in Brooklyn, NY. The loan featured a rate of 4.98% and a 12 year term. Morris Diamant 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 $5.5 million loan for two five-story apartment buildings on E. 4th St. in New York City;

* A $3.975 million loan for a five-story, mixed-use building on Bleeker St. in New York City;

* A $4.5 million loan for two six-story apartment buildings on Morris Ave AVE Avenue
AVE Average
AVE Alta Velocidad Espanola (train between Madrid and Seville)
AVE Alta Velocidad EspaƱola (Spanish: High Speed Train)
AVE Audio Video Entertainment
AVE Advertising Value Equivalent
. in the Bronx;

* A $13.6 million loan for four four-story apartment buildings in Queens, N.Y.;

* An $8 million loan for a to-be-developed apartment complex in Bohemia Bohemia, Czech Čechy, historic region (20,368 sq mi/52,753 sq km) and former kingdom, in W and central Czech Republic. Bohemia is bounded by Austria in the southeast, by Germany in the west and northwest, by Poland in the north and northeast, and by , N.Y.

Matthew Classi, Alan Perlmutter, and Matthew Albano arranged the financing for these transactions.

GCP Capital Group LLC announced the following transactions:

* A $21 million loan for the development of a 151,662 SF mixed-use space in Brooklyn, N.Y.;

* A $2.1 million loan for a five-story apartment building on W. 181st St. in New York City;

* A $1.785 million loan for a 26,824 SF retail building in Huntington Station Huntington Station, uninc. town (1990 pop. 28,247), Suffolk co., SE N.Y., on the north shore of Long Island. The town has a diverse manufacturing base and is located near a popular vacation and fishing area on Long Island's north shore. , N.Y.;

* A $2.04 million loan for a five-story, mixed-use building on First Ave. in New York City;

* A $2 million loan for a five-story apartment building on E. 90th St. in New York City.

Adam Brostovski, Matthew Classi, and Paul Greenbaum arranged the financing for these transactions.

Houlihan - Parnes/iCap Realty realty n. a short form of "real estate." (See: real estate)


REALTY. An abstract of real, as distinguished from personalty. Realty relates to lands and tenements, rents or other hereditaments. Vide Real Property.
 Advisors, LLC arranged a $5.25 million first mortgage for a three-story office building at Alexander Park in Princeton, N.J. The loan featured a 5.87% rate, a 10-year term, and a 30-year amortization schedule.

Houlihan-Parnes / iCap Realty Advisors arranged a $1.475 million underlying first mortgage for a co-op apartment building on McGraw Ave. in the Bronx. The loan featured a 5.75% loan, a seven-year term, and a 30-year amortization schedule.
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Article Details
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Publication:Real Estate Weekly
Geographic Code:1USA
Date:Apr 30, 2003
Words:558
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