Iselin, NJ — Meridian Capital Group, LLC has arranged $2,645,000 to refinance Coventry Garden Apartments. The 61 unit, two-story garden apartment property is located on East Urner Street in Pottstown, Pennsylvania. Ryan Greer, of Meridian's New Jersey office, negotiated the 10-year fixed rate term loan with a 30-year amortization schedule and a rate of 5.74%.

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.