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Meridian.


Meridian announced the following transactions:

* A new mortgage for $25,500,000 on the purchase of a 60,000 s/f office building on Madison Avenue Madison Avenue, celebrated street of Manhattan, borough of New York City. It runs from Madison Square (23d St.) to the Madison Bridge over the Harlem River (138th St.). In the 1940s and 50s, some of the major U.S.  in 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
 NY. The loan featured a rate of 5.610% and a 10-year term. The transaction was negotiated by Carol Shelby.

* A new mortgage for $2,900,000 on a 39-unit mixed-use building on Ft. Washington Avenue Washington Avenue can refer to:
  • Washington Avenue (Minneapolis), a major street in Minneapolis, Minnesota
  • Washington Avenue Loft District in Saint Louis, Missouri
  • Washington Avenue (Washington, D.C.
 in New York, NY. The loan featured a rate of 6.00% and a 10-year term. The transaction was negotiated by Jay Walden and Jonathan Wintner.

* A new mortgage for $2,800,000 on a 2,865s/ f retail condominium on Amsterdam Avenue in New York, NY. The property will benefit from a fixed rate of 6.250%. Joseph Taub handled this transaction.

* A new mortgage for $2,300,000 on a 38-unit elevator apartment building in Rockville Centre Rockville Centre, residential village (1990 pop. 24,727), Nassau co., SE N.Y., on SW Long Island; inc. 1893. Molloy College is there. A state park is adjacent to the village. , NY. The loan featured a rate of 5.56% and a 15-year term. The transaction was negotiated by Cary E. Pollack and Jay Walden.

* A new mortgage for $1,700,000 on an 18-unit, 3-story townhouse town·house or town house  
n.
1. A residence in a city.

2. A row house, especially a fashionable one.
 style multifamily building on Riverview Avenue in Cliffside Park, NJ. The loan featured a rate of 6.125% and a 15-year self-amortizing term. The transaction was negotiated by Allan Lieberman.

* A new mortgage for $560,000 on a 6-unit, 4-story mixed-use building on Courtlandt Avenue in the Bronx. The loan featured a rate of 6.5% and a 10-year term. The transaction was negotiated by David Hayum.
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Title Annotation:FINANCE
Publication:Real Estate Weekly
Date:Dec 6, 2006
Words:247
Previous Article:ARCS Commercial Mortgage Co. announced the closing of $1,344,000 in financing for Chollas Park Apartments, a 12-unit property in San Diego,...
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