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Meridian Adds COO as it Aims for National Expansion

BROOKLYN, NY-A former Bear, Stearns & Co. exec is named COO for Meridian Capital as the multifamily mortgage broker looks to expand into new geographic markets over the next few months.

By Barbara Jarvie | Updated on August 11, 2003

BROOKLYN, NY-To help manage the company’s national expansion initiative, Meridian Capital Group LLC appointed Jim Reichek has been to the newly created position of chief operating officer. The 15-year real estate finance industry veteran will take part in managing the company’s day-to-day operations and developing its strategic direction. He also will help guide Meridian into new geographic markets, oversee the development and introduction of several new products and services as well as manage the company’s rapidly growing mortgage business. Meridian is expanding into Connecticut, Philadelphia, South Florida and Baltimore/Washington DC. The company will also begin operations in the Chicago area within the next few months.

“Jim Reichek is an exceptional real estate professional who has extensive experience in building and operating a mortgage business, as well as a broad-based knowledge of real estate and financial markets,” says Meridian president Ralph Herzka.

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