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Meridian’s Lieberman Closes 4 Apartment Loans in 8 Days

Meridian Capital Group arranged $22.6 million in financing for four New York City-area multifamily properties within eight days. The transactions in the Bronx, Brooklyn and Northern New Jersey were negotiated by Meridian managing director Allan Lieberman.

These transactions included the following:

• $5.7 million in 10-year financing for 3094 Brighton 5th Street in Brooklyn at a rate of 3.73%

• $5 million in 10-year financing for 239 Ocean Ave. in Brooklyn featuring a rate of 3.93% and full-term interest-only payments

• $4.9 million in 10-year financing for 730 E. 236th St. in the Bronx featuring a rate of 3.70% and full-term interest-only payments

• $7 million in five-year financing for 125-161 S. Maple Ave. in Ridgewood, NJ featuring a rate of 3.85% and full-term interest-only payments.

“Meridian’s deep lender relationships allowed us to quickly identify three unique lenders, structure the loans and negotiate favorable terms on behalf of our clients,” said Lieberman.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Financing