Meridian seals 700 deals in The Bronx.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 financed a total of $4,095,000 in financing for a multifamily building and two mixed-use mixed-use adj. Containing or zoned for commercial and residential facilities or development: a 40-story mixed-use tower; a mixed-use parcel of land. properties, bringing the company close to reaching 700 deals closed in the Bronx Bronx, river, c.20 mi (30 km) long, issuing from Kensico Reservoir, SE N.Y., and flowing SW through the Bronx into the East River. The Bronx River Parkway, one of the first limited-access highways in the New York City area, parallels a portion of the river. in the past 6 months. Samuel M. Spinner of Meridian's New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of office secured a $3,500,000 for two 5-story mixed-use buildings located on Creston Avenue totaling 54 apartments and one store. The loan carried a rate of 6%, interest-only, for a 5-year term with a 5-year option. Spinner also closed a second mortgage for a 26 unit apartment building on Walton Avenue. The $595,000 financed carried a rate of 6.125%. The additional proceeds represented an 80% loan to value. |
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