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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 arranged the following transactions:

* A $75 million loan for 32 and 42 Broadway 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.
. Combined, these two adjacent buildings contain 514,609 s/f of rentable space. Rael Gervis negotiated this transaction;

* A $94.098 million loan for the construction of 224, Class A waterfront condominiums in Boston, Mass. Andrew Weiss Andrew Weiss may refer to:
  • Andrew Weiss (guitarist), American guitarist
  • Andrew Weiss (economist), American economist and investor
 negotiated a 3-year construction loan;

* A new mortgage of $17 million on a 12 building, apartment complex on Burnett St. in Brooklyn, N.Y. The loan featured a rate of 5.375% and a 5-year term. Charles Grussgott negotiated the transaction;

* A new mortgage of $15 million on a nine-story, multi-family building on E. 32nd St. in New York City. The loan featured a rate of 5.375% and a 5-year term. Jeffrey J. Weinberg negotiated the transaction;

* A new mortgage of $12 million on a 12-story, multifamiiy building on Queens Blvd. in Queens, N.Y. The loan featured a rate of 5.25% and a seven-year term. Michael Kesselman negotiated the transaction;

* A new mortgage of $7.8 million on a 13,500 s/f commercial building on Jay St. in Brooklyn, N.Y. The property will benefit from a rate of 5.75% with a seven-year term. Cary E. Pollack pollack: see cod.
pollack
 or pollock

Either of two commercially important North Atlantic species of food fish in the cod family (Gadidae).
 and Charles Grussgott handled this transaction;

* A new mortgage of $6 million on a 40,000 s/f office building with ground floor retail on Middle Neck Rd. in Great Neck, N.Y. The property will benefit from a rate of 5.5% with a seven-year term. Allan Lieberman handled this transaction;

* A new mortgage of $5 million on a five-story, multifamily building on E. 83rd St. in New York City. The loan featured a rate of 5.5% and a seven-year term. Aaron M. Birnbaum and Carol Shelby negotiated the transaction;

* A $58 million loan for the refinancing Refinancing

An extension and/or increase in amount of existing debt.
 of Union Square Apartments in New York City. Carol Shelby negotiated this transaction;

* A new mortgage of $4.2 million on an 18,300 s/f commercial building on Kings Highway in Brooklyn, N.Y. The property will benefit from a rate of 5.87% with a seven-year term. Saul Piller negotiated this transaction;

* A new mortgage of $2.7 million on an apartment complex on Stone Creek Dr. in Marshall, T.X. The loan featured a rate of 5.65% and a 10-year term. Jacob Katz Jacob Katz (1904-1998) was a Jewish historian residing in Israel. He specialized in anti-Semitism and the Holocaust. His works in Hebrew provided much of the basis for scholarly analyses of anti-Semitism.  negotiated the transaction;

* A new mortgage of $2.15 million on a walk-up building on W. 144th St. in New York City. The loan featured a rate of 5.5% and a 10-year term. Morris Diamant negotiated the transaction;

* A new mortgage of $2 million on a six-story, walk-up building on 7th 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 New York City. The loan featured a rate of 5.5% and a seven-year term. David Hayum negotiated the transaction;

* A new mortgage of $1.75 million on a four-story, walk-up building on W. 75th St. in New York City. The loan featured a rate of 5.7% and a seven-year term. Carol Shelby negotiated the transaction;

* A new mortgage of $1 million five-story, walk-up building on W. 102nd St. in New York City. The loan featured a rate of 5.66% and a seven-year term. Carol Shelby negotiated the transaction;

* A $21.2 million loan for the refinance Refinance

1. When a business or person revises their payment schedule for repaying debt.

2. Replacing an older loan with a new loan offering better terms.

Notes:
When a business refinances they typically extend the maturity date.
 of a 130,000 s/f medical office building in Baltimore Baltimore, city (1990 pop. 736,014), N central Md., surrounded by but politically independent of Baltimore co., on the Patapsco River estuary, an arm of Chesapeake Bay; inc. 1745. , Md. Andrew Weiss and Matthew Texler of were able to negotiate a rate of 5.29% over a 10-year term on behalf of the borrower.
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Title Annotation:FINANCE
Publication:Real Estate Weekly
Date:Nov 16, 2005
Words:584
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