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Meridian.


Meridian announced the following transactions:

* A $9 million loan for a garden apartment complex in Greenwich, Conn. The loan featured a 4.5% rate and a 10-year term. Samuel M. Spinner arranged the financing for this transaction;

* An $8 million loan for a 15-story apartment building on E. 10th St. in New York City. The loan featured a 5% rate and a seven-year term. Avi Weinstock arranged the financing for this transaction;

* A $4.8 million loan for a garden apartment complex in Watertown, N.Y. The loan featured a 5.73% rate and a 10-year term. Morris Diamant, Barry Spector and David M. Rosenberg arranged the financing for this transaction;

* A $4.5 million loan for a six-story apartment building on E. 62nd St. in New York City. The loan featured a 4.625% rate and a 10-year term. Aaron M. Birnbaum and Carol Shelby arranged the financing for this transaction;

* A $2.8 million loan for a 10-story apartment building on Riverside Drive in New York City. The loan featured a 5.125% rate and a seven-year term. Charles Grussgott arranged the financing for this transaction;

* A $2.5 million loan for a four-story apartment building on 34th Ave. in Astoria, N.Y. The loan featured a 4.25% rate and a 10-year term. Avi Weinstock arranged the financing for this transaction;

* A $1.419 million loan for a six-story apartment building on Prospect Place in Brooklyn, N.Y. The loan featured a 5.125% rate and a 10-year term. Joseph Taub arranged the financing for this transaction;

* A $1.22 million loan for a six-story apartment building on Sheridan Ave. in the Bronx. The loan featured a 5.1% rate and a 10-year term. Michael Kesselman and Alan Friedman arranged the financing for this transaction.

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Title Annotation:transactions; Finance: real estate
Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:Oct 1, 2003
Words:298
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