Meridian.Meridian Meridian (mərĭd`ēən), city (1990 pop. 41,036), seat of Lauderdale co., E Miss., near the Ala. line; settled 1831, inc. 1860. announced the following transactions: * A $16 million blanket mortgage Blanket Mortgage A mortgage that covers at least two pieces of real estate as collateral for the same mortgage. for seven elevator buildings on South Second St. in Brooklyn, N.Y. The loan featured a 5.5% rate and a 10year term. Joe Klein For the basketball player, see . Joe Klein (born September 7, 1946) is a longtime Washington, D.C. and New York journalist and columnist, perhaps best known for his novel Primary Colors and Morris Diamant negotiated this transaction; * A $5.15 million new mortgage for a six-story elevator building on 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. . The loan featured a 5.125% rate and a seven-year term. Aaron M. Birnhaum and Carol Shelby negotiated this transaction; * A $4.988 million new mortgage for a six-story walk-up building on Prince St. in New York City. The loan featured a 5.25% rate and a seven-year term. Saul Piller negotiated this transaction; * A $2.5 million new mortgage for a seven-story co-op building on Wexford Terrace Ave. in Jamaica Estates, N.Y. The loan featured a 5.625% rate and a seven-year term. Jonathan Sperber and Brett Kaplan negotiated this transaction; * A $2.5 million new mortgage for a 14,900 s/f strip shopping center shopping center, a concentration of retail, service, and entertainment enterprises designed to serve the surrounding region. The modern shopping center differs from its antecedents—bazaars and marketplaces—in that the shops are usually amalgamated into on Ralph Ave. in Brooklyn, N.Y. The loan featured a 5.5% rate and a 12-year term. Allan Lieberman negotiated this transaction; * A $1.08 million new mortgage for a four-story walk-up building on Madison St. in Queens, N.Y. The loan featured a 5.625% rate and a seven-year term. Michael Kesselman negotiated this transaction. |
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