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Meridian forwards cash for lux housing project.


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 recently secured $58 nail-lion for the construction of a 16-story, 352-unit luxury housing project at 8204 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.  Ave. The property is a privately owned and operated student housing project adjacent to the University of Maryland's flagship College Park location.

This was a 12-month forward commitment that 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, arranged to provide construction takeout Takeout

A financing to refinance or take out another loan.
 financing for a luxury student housing project being developed by Otis Warren & Company, SJM SJM Svalbard (ISO Country code)
SJM Swadeshi Jagran Manch (India)
SJM Scandinavian Journal of Management
SJM Single Jewish Male
SJM Strategic Journey Mapping
 Partners and Clark Enterprises, Inc. Meridian arranged a fixed rate loan over a five-year term with a Midwest-based life insurance company. The interest rate was locked in July 2004 and the loan funded on July 15, 2005. The lender awarded Meridian with their "2004 Mid-Atlantic Deal of the Year" award for the transaction.

Otis Warren & Company partnered with SJM Partners, to spearhead this premier development as the first project approved under the Sector Plan in all of Prince George's county.
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Title Annotation:Meridian Capital Group, luxury housing; SJM Partners
Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:Aug 10, 2005
Words:157
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