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Deals & Dealmakers

Multifamily loan deals

3094 Brighton 5th Street

Meridian Capital Group arranged $22.6 million in financing for four New York City area multifamily properties.

The transactions were negotiated by managing director, Allan Lieberman

The transactions included a $5.7 million in 10-year financing for 3094 Brighton 5th Street in Brooklyn featuring a rate of 3.73%; $5 million in 10-year financing for 239 Ocean Avenue in Brooklyn featuring a rate of 3.93% and full-term interest-only payments; $4.9 million in 10-year financing for 730 East 236th St in the Bronx featuring a rate of 3.70% and full-term interest-only payments; and $7 million in five-year financing for 125-161 South Maple Avenue in Ridgewood, NJ featuring a rate of 3.85% and full-term interest-only payments.

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