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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 $24.29 million new mortgage for 20 elevator elevator, in machinery
elevator, in machinery, device for transporting people or goods from one level to another. The term is applied to the enclosed structures as well as the open platforms used to provide vertical transportation in buildings, large ships,
 buildings in the Bronx. The loan featured a 4.875% rate and a seven-year term. Michael Kesselman negotiated this transaction;

* A $3.4 million new mortgage for a six-story elevator building on Bay Parkway Bay Parkway refers to the following roads and transit stations: Roads
  • Bay Parkway (Brooklyn) in Brooklyn, New York City
  • Bay Parkway (Jones Beach) in Jones Beach State Park in Nassau County, New York
Subway stations
 in Brooklyn, N.Y. The loan featured a 4.5% rate and a seven-year term. Avi Weinstock negotiated this transaction;

* A $2.25 million new mortgage for a five-story walk-up building on W. 176th St. 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 4.5% rate and a seven-year term. Saul Piller negotiated this transaction;

* A $2 million new mortgage for a six-story co-op building on Ave AVE Avenue
AVE Average
AVE Alta Velocidad Espanola (train between Madrid and Seville)
AVE Alta Velocidad EspaƱola (Spanish: High Speed Train)
AVE Audio Video Entertainment
AVE Advertising Value Equivalent
, P in Brooklyn, N.Y. The loan featured a 5.125% rate and a seven-year term. Aaron M. Birnbaum and Carol Shelby negotiated this transaction;

* A $2 million new mortgage for a five-story mixed-use building on First Ave. in New York City. The loan featured a 4.375% rate and a five-year term.

Charles Grussgott negotiated this transaction;

* A $1.5 million new mortgage for a 13,764 s/ f commercial building on East Palisade Ave. in Englewood, N.J. The loan featured a 5.5% rate and a 15-year term. Morris Diamant negotiated this transaction.
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Article Details
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Title Annotation:Finance: real estate; Meridian Group
Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:Jul 21, 2004
Words:211
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