(Save the date: RealShare Apartments comes to the Westin Bonaventure, Los Angeles, October 24.)

LOS ANGELES-GlobeSt.com has exclusively learned that Meridian Capital Group LLC, a national commercial real estate finance and advisory firm, has negotiated $9.6 million in permanent financing for the Perino’s Luxury Apartments on Norton Ave., just north of Wilshire Blvd. in the Koreatown neighborhood here. The 10-year, non-recourse loan features a competitive fixed rate of 3.53%

Jonathan Wintner, VP at Meridian in the Los Angeles office, negotiated the transaction. “Meridian had two major accomplishments on behalf of the borrower in this transaction, both of which are attributable to the company’s strong market knowledge and its long-standing lender relationships,” said Wintner in a prepared statement. “Besides securing robust proceeds for the borrower of more than $200,000 of debt per unit, Meridian was able to attain pricing waivers and negotiate this highly favorable rate of 3.53% for a 10-year, fixed-rate, non-recourse loan.”