"These transactions highlight Meridian's continued commitment tosmaller deals and non-institutional investors," Gorsky tellsGlobeSt.com.Further emphasizing his point, Meridian also secured$1.2 million to refinance Bearmore Mobile Estates, a 72-unitmanufactured housing property located on Route 35 in Wall Township.The 10-year self-liquidating facility carries a rate of 6% and wasnegotiated by Meridian's Jim Bologno and financed by a localbank.
Founded in 1991, Meridian Capital finances transactions rangingfrom $500,000 to more than $500 million for multifamily, co-op,office, retail, hotel, healthcare, self-storage, industrial andconstruction properties.
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