"These transactions highlight Meridian's continued commitment to smaller deals and non-institutional investors," Gorsky tells GlobeSt.com.Further emphasizing his point, Meridian also secured $1.2 million to refinance Bearmore Mobile Estates, a 72-unit manufactured housing property located on Route 35 in Wall Township. The 10-year self-liquidating facility carries a rate of 6% and was negotiated by Meridian's Jim Bologno and financed by a local bank.
Founded in 1991, Meridian Capital finances transactions ranging from $500,000 to more than $500 million for multifamily, co-op, office, retail, hotel, healthcare, self-storage, industrial and construction properties.
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