Real Estate: Finance.

Meridian Capita Group announced the following transactions:

* a new mortgage of $10.5 million on a 54-unit, 13-story mixed-use building on Washington Street in Brooklyn, NY. The loan featured a rate of 6.25% and a 10-year term. The transaction was negotiated by Avi Weinstock.

* New mortgages totaling $5.9 million were placed by Meridian Capital on four multifamily buildings located on East 83rd & E. 87th Sts. and on 1st Ave. in Manhattan's Upper East Side. The loans featured fixed rates of 6.25% and 10-year terms with no points to the lender. Allan Lieberman and Moshe Majeski negotiated the transaction.

* A new mortgage of $4.56 million was arranged by Meridian on a 154-unit, 5-story multifamily building on Nostrand Avenue in Brooklyn, NY. The loan featured a rate of 6.98% and a 10-year term. Samuel M. Spinner negotiated the transaction.

* A new mortgage of $3 million was placed by Meridian on a 84-unit, 6-story multifamily building on Bedford Avenue in Brooklyn, NY. The loan featured a rate of 5.75% and a 10-year term. Steve Geller & David Ostrov negotiated the transaction.

* A new mortgage of $2 million was placed by Meridian on a 239- unit, 11-story multifamily building on Hanover Street in Meriden, CT. The loan featured a rate of 6.875% and a 15-year term. Morris Diamant negotiated the transaction.

* A new mortgage of $1.4 million was placed by Meridian on two 5-story multifamily buildings totaling 20 units, on East 3rd Street in New York City. The loan featured a rate of 6.375% and a 7-year term. Charles Grussgott negotiated the transaction.

GCP Capital Group LLC announced the following transactions:

* A $5.175 million loan for three five-story, walk-up apartment buildings on Ludlow St. in New York City. Matthew Classi and Adam Brostovski arranged the financing for this transaction;

* A $4.05 million loan for three five-story, walk-up apartment buildings on W. 26th St. in New York City. Matthew Classi and Adam Brostovski arranged the financing for this transaction;

* A $1.83 million loan for two five-story, walk-up apartment building on W. 52nd St. in New York City. Matthew Classi and Adam Brostovski arranged the financing for this transaction;

* A $5.815 million loan for nine walk-up apartment buildings on the Lower East Side in New York City. Paul' Greenbaum arranged the financing for this transaction;

* A $6.1 million loan for a six-story, elevator apartment building on Fifth Ave. in New York City. Paul Greenbaum arranged the financing for this transaction.

Holliday Fenoglio Fowler, L.P. arranged a $2 million first mortgage for a 105,450 SF industrial building in Mount Laurel, N.J.

Andrew Stewart, of David Cronheim Mortgage Corporation, has arranged for the $20.5 million refinancing of Hadley Shopping Center in South Plainfield, N.J. The loan is basedon a term of 10 years with an amortization of 30 years.

Jack Houlihan and Jeremiah Houlihan of Houlihan-Parnes Realtors, LLC/iCap Realty Advisors have arranged the financing for the acquisition of a 4-story office building containing 13,925 rentable square feet located at 141 Halstead Avenue in Mamaroneck, New York. The loan amount of $815,000 was provided by the Long Island Thrift and has an interest rate of 6 7/8% for a 10-year term on a 25 year schedule with the interest rate reset in the sixth year at 2.50% over the 5-year FHLB. The Borrower/Purchaser was represented by Jules Levy, Esq. Of Hofheimer, Gartlir & Gross, LLP.

National Cooperative Bank originated more than $48 million in loans during April for 28 New York area coops and condos through its subsidiary, NCB, FSB. The financings included $39.1 million in first mortgages plus $8.9 million in second mortgages and lines of credit. Edward Howe III, managing director of the NCB, EBS New York office, made the announcement.

Titan Capital, Inc. completed $4.3 million bridge loan secured by three owner occupied industrial/commercial properties-Flushing, NY. The one year loan closed in under two weeks and proceeds were utilized by the borrower to repay outstanding obligations and free up working capital for the borrower's business operations.