MERIDIAN CAPITAL GROUP ARRANGES FINANCING FOR INDIANAPOLIS, IN MULTIFAMILY
APARTMENT COMPLEX
Indianapolis, IN - Meridian Capital Group recently arranged $4,500,000 in financing for Atrium Village. This multifamily apartment complex is located at 2636 North Mitthoeter and has a total of 116 units. Russ Drebin of Meridian’s New Jersey office negotiated on behalf of the borrower, TLK Properties, to secure a 10-year term mortgage with rate of 5.90%.
Founded in 1991, Meridian Capital Group LLC is one of the nation’s largest mortgage brokerages serving the multifamily and commercial real estate sectors. The company is based in New York City with additional offices in New Jersey, Pennsylvania, Maryland, Illinois, Florida, California and Texas. Working with a wide variety of lenders, Meridian finances transactions ranging from $500,000 to more than $500 million for multifamily, co-op, office, retail, hotel, healthcare, self-storage, industrial, and construction properties. Nationally, Meridian reported more than 2,350 transactions in 2007, totaling over $16.5 billion.
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