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Meridian Capital Group.


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 has announced the following transactions:

* A new mortgage for $13.9 million for the construction of a 12-story, 33-unit luxury condominium condominium

In modern property law, individual ownership of one dwelling unit within a multidwelling building. Unit owners have undivided ownership interest in the land and those portions of the building shared in common.
 on 1st St. in Brooklyn, N.Y. The loan featured a rate of prime + .5% and a 10-year term. The transaction was negotiated by Samuel M. Spinner;

* A new mortgage for $800,000 on an eight-unit, four-story, walk-up, apartment building on Webster Webster, town (1990 pop. 16,196), Worcester co., S Mass., near the Conn. line; settled c.1713, set off from Dudley and Oxford and inc. 1832. The chief manufactures are footwear, fabrics, and textiles.  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, N.Y. The loan featured a rate of 5.75% and a 10-year term. The transaction was negotiated by David Hayum;

* A new mortgage for $6 million on a 201-unit, co-op building on 62nd Dr. in Queens, N.Y. The co-op is 78% sold and the loan featured a rate of 5.500% with a 10-year term. Carol Shelby negotiated this transaction;

* A new mortgage for $2.3 million on a 52,650 s/f industrial building on Pacific Ave. in Jersey City, N.J. The property will benefit from a rate of 6.125%, with a 10-year term. Chaim Tessler and David Zlotnick handled this transaction;

* A new mortgage for $2.1 million on a 56-unit, six-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 Taylor Ave. in the Bronx, N.Y. The loan featured a rate of 5.875% and a 10-year term. The transaction was negotiated by Saul Piller;

* A new mortgage for $1.36 million on a 30-unit, four-story, mixed-use building on Flatbush Ave. in Brooklyn, N.Y. The loan featured a rate of 5.875% and a 10-year term. The transaction was negotiated by Alan Friedman This article or section resembles a .
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Article Details
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Title Annotation:FINANCE
Publication:Real Estate Weekly
Article Type:Brief article
Geographic Code:1USA
Date:Apr 26, 2006
Words:257
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