MERIDIAN CAPITAL GROUP ARRANGES FINANCING FOR HOPEDALE, MA COMMERCIAL PROPERTY
Hopedale, MA - Meridian Capital Group recently arranged $1,755,000 in financing for the Hopedale Business Park. The property contains 3 commercial buildings totaling 23,526 square feet and is located at 138 Hartford Avenue. Emil DePasquale of Meridian’s New Jersey office negotiated on behalf of the borrower to secure a rate of 5.82% over a ten-year term.
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.
|
