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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 financing of $12,000,000 on a 106 unit, 9 story apt. building on East 89th Street in Manhattan Manhattan, indigenous people of North America
Manhattan (mănhăt`ən), indigenous people of North America of the Algonquian-Wakashan linguistic stock (see Native American languages).
.

The loan featured a rate of 4.25% and a 10 year term. Joseph Taub negotiated the transaction.

The company also announced the following transactions:

* A new mortgage of $10,000,000 on a 159 unit, 7 story apt. building on Fourth Avenue in NY.

The loan featured a rate of 4.75% and a 7 year term. Avi Weinstock Weinstock (German: grapevine) is the surname of:
  • Arnold Weinstock (1924–2002), English businessman
  • Bob Weinstock (1928–January 14, 2006), founder of Prestige Records
  • Jack Weinstock, writer
 & Moshe Majeski negotiated the financing.

* A new mortgage of $2,400,000 on a 206 unit, 20 story Hi-Rise apt. building on Elizabeth Avenue in Newark, NJ.

The loan featured a rate of 4.75% and a 10 year term. Allan Lieberman negotiated the transaction.

* A new mortgage of $2,000,000 on a Rite Aid Rite Aid (NYSE: RAD) is a United States retailer and pharmacy chain, operating over 5,000 stores in 31 states and the District of Columbia. Rite Aid Corporation is one of the nation's leading drugstore chains.  Pharmacy pharmacy, art of compounding and dispensing drugs and medication. The term is also applied to an establishment used for such purposes. Until modern times medication was prepared and dispensed by the physician himself. In the 18th cent.  on Merrick Boulevard in Jamaica, NY.

The loan featured a rate of 5.5% and a 10 year term. Charles Grussgott negotiated the transaction.

* Meridian arranged for a new mortgage of $1,820,500 on a 24 unit, 5 story apt. building on State Street in Brooklyn, NY.

The loan featured a rate of 4.96% and a 7 year term. Samuel M. Spinner negotiated the transaction.

* A new mortgage of $1,220,000 was placed by Meridian on a 28 unit, 6 story apt. building on East 167th Street in the Bronx, NY.

The loan featured a rate of 5.25% and a 5 year term. Alan Friedman This article or section resembles a .
Please help [ improve this article] by removing excessive trivia, irrelevant praise and criticism, lists and collections of links that are of .
 & Michael Kesselman arranged the financing.

* A new mortgage was placed by Meridian for $1,057,000 on a 22,400 square foot commercial building on Lefferts Avenue in Brooklyn, NY. The property will benefit from a rate of 5%, with a 10 year term. Morris Diamant handled this transaction.
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Title Annotation:financing; Finance: real estate
Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:Sep 24, 2003
Words:298
Previous Article:GCP Capital Group LLC.(Finance: real estate)(mortgage financing)(Brief Article)
Next Article:Holliday Fenoglio Fowler, L.P.(Finance: real estate)($30 million permanent mortgage loan secured)(Brief Article)
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