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Debt & Equity

Meridian brokers $100M Broad St. refinance

Meridian Capital Group arranged $100 million in financing to refinance 90 Broad Street, an office building in New York, on behalf of Princeton International Properties.

The loan, provided by a balance sheet lender, was negotiated by Executive Vice President Jeff Weinberg, Senior Managing Director, Rael Gervis, and Vice President, Richard Sutton, who are all based in the company’s New York City headquarters.

Located in the Financial District, 90 Broad Street stands 25 stories tall, spans a total of 413,000 s/f and is 97 percent occupied. The building also contains several ground floor retail tenants, including Café Grumpy, Potbelly Sandwich Shop, Just Salad, Five Iron Golf, and Dunkin Donuts.

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