Iselin, NJ — Meridian Capital Group, LLC has secured $3,700,000 to refinance Briar Park at Lakewood, an 80-unit garden apartment complex located on Davina Court in Lakewood, New Jersey. The 10-year facility carries a rate of 4.57% and is interest only for two years. This transaction was negotiated by Max Beyderman and Steven Halpert of Meridian's New Jersey office and was financed by a local savings bank.

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.