Meridian Capital announced the following transactions:
- A new mortgage of $31,500,000 was placed on a nine-story, 66-unit mixed-use property with 11,150 square feet of retail space located on West 14th Street in New York, NY. The loan features a rate of 3.00% and a five-year term. This transaction was negotiated by Avi Weinstock and Chaim Tessler.
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Photo courtesy of Flickr A new mortgage in the amount of $6,750,000 on a six-story, 39-unit multifamily property located on St. Nicholas Avenue in New York, NY. The loan features a rate of 3.25% and a five-year term. Avi Weinstock and Michael Farkovits negotiated this transaction.
- New mortgages totaling $5,800,000 were placed on two multifamily properties comprised of 39 units located on 29th Street and 47th Avenue in Queens, NY. The loans feature rates of 3.25% and five-year terms. These transactions were negotiated by Morris Diamant and Joseph Akerman.
- A new mortgage in the amount of $4,100,000 on a five-story, 42-unit multifamily property located on Creston Avenue in the Bronx, NY. The loan features a rate of 3.125% and a five-year term. Judah Hammer and Daniel Neiss negotiated this transaction.
- A new mortgage of $1,800,000 was placed on a four-story, four-unit multifamily property located on Bedford Avenue in Brooklyn, NY. The loan features a rate of 3.125% and a five-year term. This transaction was negotiated by Morris Diamant and Joseph Akerman.
- A new mortgage in the amount of $1,000,000 on a 125-unit cooperative property located on 18th Avenue in Queens, NY. The loan features a rate of 3.25% and a 15-year term. Steve Geller and Nicoletta M. Pagnotta negotiated this transaction.
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GCP Capital Group  has arranged mortgage financing in the aggregate amount of $27,675,000 for the following properties:
- $13,375,000 for a five-story multifamily apartment building containing 95 apartments, located on Sickles Street in Manhattan, New York. Adam Brostovski, Principal of GCP Capital Group, arranged the financing for this transaction.
- $6,500,000 for a five-story multifamily apartment building containing 53 apartments, located on Sickles Street in Manhattan, New York. Adam Brostovski arranged the financing.
- $3,500,000 for a four-story multifamily apartment building containing 16 apartments, located on St. Johns Place in Brooklyn, New York. Matthew Classi, Managing Member of GCP Capital Group, arranged the financing for this transaction.
- A third mortgage in the amount of $2,800,000 for a three-story Class A office building comprised of approx. 227,600 gross square feet, located in Suffern, New York. Paul Greenbaum, Managing Member of GCP Capital Group, arranged the financing for this transaction.
- $1,500,000 combined financing for a four-story apartment building containing 7 apartments and a three-story apartment building containing 7 apartments, located in the Carroll Gardens and Park Slope neighborhoods of Brooklyn, New York. Stephen Katz, Senior Associate of GCP Capital Group, arranged the financing for these transactions.
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Eastern Union Funding arranged the following transactions:
- A $6,200,000 first lien mortgage for the refinance of a 57-unit mixed-use on North Clinton St. in Syracuse, NY. This transaction was arranged by Peter Blass.
- A $4,500,000 first lien mortgage for the refinance of a 3-unit mixed-use on North Ave. W in Westfield, NJ. This transaction was arranged by Meir Kessner.
- A $3,300,000 first lien mortgage for the acquisition of a 124-unit multifamily on West Market St. in Lima, OH. This transaction was arranged by Nate Hyman and David Metzger.
- A $2,900,000 first lien mortgage for the acquisition of a 12-unit multifamily on Bushwick Ave. in Brooklyn, NY. This transaction was arranged by David Metzger and Nate Hyman.
- A $2,565,000 first lien mortgage for the acquisition of a 43-unit multifamily on Elm St. in New Haven, CT. This transaction was arranged by Moshe Lipschitz and Jack Beida.
- A $1,762,500 first lien mortgage for the acquisition of a 39-unit multifamily on Franklin St. in West Reading, PA. This transaction was arranged by Nate Hyman and David Metzger.
- A $1,634,600 first lien mortgage for the refinance of a mixed-use on Park Pl. in Brooklyn, NY. This transaction was arranged by Meir Kessner.
A $1,450,000 first lien mortgage for the refinance of a 16-unit multifamily on 61st St. in Brooklyn, NY. This transaction was arranged by Michael Muller.
- A $1,200,000 first lien mortgage for the refinance of a 12-unit multifamily on Rogers Ave. in Brooklyn, NY. This transaction was arranged by Michael Muller.
- A $1,145,000 first lien mortgage for the acquisition of a 6-unit multifamily on Fresh Pond Rd. in Ridgewood, NY. This transaction was arranged by Motti Blau and Mendy Pfeifer.
- A $975,000 first lien mortgage for the refinance of an 18,000-sf office building on West St. Georges Ave. in Linden, NJ. This transaction was arranged by Nate Klein.
