Total of 93 closed transactions in 2021 with 21 different lending sources
Loans ranged in size from $1 million to nearly $100 million
In 2021, Meridan’s Managing Director Judah Hammer closed just under $1 billion in loans across 21 different lending sources ranging from $1 million to upwards of $100 million, with a total of 93 closed transactions. Hammer worked with saving banks, agency, bridge HUD, CMBS and credit loans, helping to finance multifamily, commercial, office, shopping centers, underlying co-ops, and co-op shares.
Some notable deals last year included a $60-million acquisition loan (80% LTC) for a 12-building Upper East Side asset at an estate-sale auction; a $93-million savings bank and mezzanine loan to acquire a multifamily tower in Hackensack, NJ; an $85-million bridge loan on two Class A newly constructed assets in San Antonio, TX; and a $33.9-million fixed bank loan on a Unionport Bronx multifamily package.
These are some of the reasons we selected Hammer for inclusion in the Connect CRE Top Mortgage Brokers and Lenders Awards. These awards recognize industry professionals who have demonstrated the highest standards in commercial real estate finance.
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