SAN DIEGO-Who doesn’t love a good success story? Here is onethat GlobeSt.com just exclusively learned. Meridian CapitalGroup LLC opened its office in Carlsbad, CA in May2011. Less than one year later, its Carlsbad office hasalready originated more than $100 million in new mortgage financingon behalf of a broad array of clients secured by properties locatedthroughout the US.
Meridian’s Carlsbad office is overseen by managing director,Seth Grossman, who returned to Meridian in May2011 to form the new office and advance the firm’s geographicexpansion in the west, particularly California. Grossman waspreviously employed at Meridian’s New York office, where he helpednegotiate more than $3 billion in conduit and bank financingtransactions.
The properties financed by Meridian’s Carlsbad office comprise abroad array of asset types, transaction structures and geographies,including a $46 million loan provided by a foreign bank for afour-property hospitality portfolio with over 900 rooms located inFlorida, Pennsylvania and Texas; a $21.2 million, 10-year,non-recourse Fannie Mae DUS loan provided by Beech Street Capitalfor the 94% occupied, 240-unit, class-A Lafayette Gardensmultifamily property in Lafayette, LA; a $17.8 million,10-year CMBS loan for a 210,000-square-foot shopping center inGreenwood Village, CO; and a $9.3 million, 10-year CMBS loan for a19-property multifamily portfolio located in Chicago.
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Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
