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Meridian Capital Group. (Finance).

Meridian Capital Group announced the following transactions:

A $6 million new mortgage for a 33-story elevator apartment building on York Ave. in New York City. The loan featured a 6% rate and a seven-year term. Carol Shelby and Moshe Majeski arranged the financing for this transaction;

* An $11.025 million new mortgage for a four-story, multi-family building on Crescent St. in Astoria, N.Y. The loan featured a 6.5% rate and a 10-year term. Jeffrey J. Weinberg and David Ostrov arranged the financing for this transaction;

* A $3.4 million new mortgage for an 11,600 SF commercial building on Broadway in New York City. Scott Assouline arranged the financing for this transaction;

* A $2.85 million new mortgage for a six-story, multi-family building on Ocean Parkway in Brooklyn, N.Y. The loan featured a 6.75% rate and a seven-year term. Joseph Taub arranged the financing for this transaction;

* A $2.425 million new mortgage for a fivestory, multi-family building on Godwin Terrace in the Bronx. The loan featured a 6.125% rate and a 10-year term. Morris Diamant arranged the financing for this transaction;

* A $1.5 million new mortgage for a five-story, multi-family building on Strong St. in the Bronx. The loan featured a 6.5% rate and a seven-year term. Michael Kesselman arranged the financing for this transaction.
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Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:Apr 3, 2002
Words:223
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