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CHICAGO-Meridian Capital Group LLC recently negotiated $58 million in permanent financing for the 22-story Burnham Center for owner Harbor Group. The loan for the 90%-occupied building, at 111 W. Washington in the Central Loop, is for three years.

New York City-based Meridian arranged the $46 million first mortgage loan and a $12 million mezzanine loan to recapitalize the property’s outstanding first mortgage note and preferred equity investment. The senior loan was provided by Wells Fargo and the mezzanine loan was provided by Redwood Trust.

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