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Meridian.


Meridian announced the following transactions:

* A $15 million new mortgage for a five-story elevator building on Brewster St. in Glen Cove, N.Y. The loan featured a 10-year term. Steve Geller, Jeffrey J. Weinberg and David Ostrov negotiated this transaction;

* An $8.25 million new mortgage for two apartment buildings on Lexington Ave. in New York City. The loan featured a 4.25% rate and a seven-year term. Michael Kesselman negotiated this transaction;

* A $4.815 million new mortgage for a six-story elevator building on E. 172nd St. in the Bronx. The loan featured a 5% rate and a five-year term. Saul Piller negotiated this transaction;

* A $4 million new mortgage for a 140,752 s/f commercial building on W. 29th St. in New York City. The loan featured a 10-year term. Daniel Hanono and Jeffrey J. Weinberg negotiated this transaction;

* A $3.65 million new mortgage for a six-story elevator building on Queens Boulevard in Flushing, N.Y. The loan featured a 4.5% rate and a seven-year term. Jeffrey J. Weinberg and David Ostrov negotiated this transaction;

* A $2.8 million new mortgage for a six-story elevator building on Argyle Road in Brooklyn, N.Y. The loan featured a 5% rate and a 10-year term. Aaron M. Birnbaum and Carol Shelby negotiated this transaction.

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Title Annotation:Finance: real estate
Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1U2NY
Date:Jun 16, 2004
Words:217
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