Meridian Capital Group

BHI Lends $92M on Inwood Resi Tower Project 

September 21, 2023

The Jay Group has sealed $92 million of construction financing to build a new multifamily development in northern Manhattan, Commercial Observer has learned.

BHI provided the loan on the private investment firm’s planned 18-story residential tower taking over a former gas station in Manhattan’s Inwood neighborhood, according to Meridian Capital Group, whose Morris BeteshOmar Ferreira and Dov Jeremias negotiated the debt package.

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