Meridian Capital Group, LLC, a national real estate finance adviser and intermediary, recently moved its office in Iselin, NJ to a newly built-out 10,500 s/f space at 517 Route 1 South, an office building and hotel and conference center.
Recent transactions by Meridian’s Iselin office include a $32.9 million loan for the 93-unit Berkshire at the Shipyard multifamily property in Hoboken, NJ, as well as a $27.2 million loan for the 241-unit Steward’s Crossing multifamily property in Princeton, NJ.
“We are delighted with our move to larger and updated space. We are highly confident that our new space and additional resources will allow us to further expand the superior service for which we are known to a broader client base,” said Meridian Managing Director Israel Schubert, who heads the Company’s Iselin office. “Our office covers a broad territory stretching from Boston to Washington, D.C., with a focus on New Jersey, Pennsylvania and Delaware. In 2011, Meridian’s New Jersey office was responsible for closing more than $1.5 billion in financing transactions and is currently on track to substantially exceed last year’s volume,” added Mr. Schubert.