Iselin, NJ — Meridian Capital Group, LLC has secured three loans totaling $1,625,000 to refinance a mixed-use property composed of 13 residential units and 4 commercial spaces located in Hasbrouck Heights, NJ, as well as two multifamily buildings comprising 21 units in Jersey City, NJ. The $875,000, 10-year facility on the Hasbrouck Heights property carries a rate of 5.875 %; the loans totaling $750,000 on the Jersey City properties have 5-year terms and rates of 6.00%. All three transactions were negotiated by Josh Gorsky of Meridian's New Jersey office and were financed by local savings banks.

"These transactions highlight Meridian’s continued commitment to smaller deals and non-institutional investors," explained Meridian's Josh Gorsky. "Providing the highest level of service and creativity to borrowers of all sizes continues to distinguish Meridian from our competition."

Founded in 1991, Meridian Capital Group, LLC is one of the nation's largest commercial real estate finance and advisory firms. Meridian is headquartered in New York with offices in New Jersey, Maryland, Illinois, Florida and California. Working with a broad array of capital providers, Meridian arranges financing for transactions ranging from $500,000 to more than $500 million for multifamily, co-op, office, retail, hotel, healthcare, student housing, self-storage, industrial, and construction properties.