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Meridian Capital deals top $9m.


Meridian Capital Group recently arranged $6,600,000 in financing for Eden Terrace Eden Terrace is an Auckland suburb.

Eden Terrace is under the local governance of the Auckland City Council. According to the 2001 census, Eden Terrace has a population of 1413.
, a senior living facility located on East Main Street, Spartanburg, SC.

The two-story building contains 97 units. Andrew Weiss Andrew Weiss may refer to:
  • Andrew Weiss (guitarist), American guitarist
  • Andrew Weiss (economist), American economist and investor
 and Matthew Texler of Meridian's Bethesda office negotiated on behalf of Bristol Capital Corp, securing a rate under 7.5% over a 10-year term. 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.
 proceeds retired existing debt and recapitalized the partnership.

This is the second senior housing financing that Meridian has done for Bristol in the last six months, having closed on a $38,500,000 refinance in December 2005 on Atrium Village in Owings Mills, MD.

Joseph Schwimmer, of Meridian's Chicago office, recently arranged financing totaling $3,044,500 for two multi-family properties.

Schwimmer secured $851,500 on behalf of Donald Martin for the refinancing Refinancing

An extension and/or increase in amount of existing debt.
 of a three-story multi-family building with seven units located at 1451 W. Carmen Carmen

throws over lover for another. [Fr. Lit.: Carmen; Fr. Opera: Bizet, Carmen, Westerman, 189–190]

See : Faithlessness


Carmen

the cards repeatedly spell her death. [Fr.
. He also secured $2,193,000 on behalf of John Scorte for the refinancing of a three-story, 44-unit building located at 4844 W. Wrightwood.

Both properties benefit from a rate of 5.75% over a 5-year term
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Article Details
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Title Annotation:Eden Terrace
Publication:Real Estate Weekly
Article Type:Brief article
Geographic Code:1USA
Date:May 17, 2006
Words:181
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