Meridian Capital Group Brokers $53.3M Loan For Multifamily Property In Coral Springs

The multifamily property located at 3400 Coral Springs Dr in Coral Springs has undergone a significant transaction. The property spans approximately 237,882 square feet and comprises 180 units. This transaction took place on September 27, 2021.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $53,315,000
• Market: Coral Springs
• Loan Type: Recapitilization
• Loan Terms: Cash-Out Refinance, 10-Year Term, 5-Year Interest Only, 2.55%

Nina Russo and Jonathan Zilber, representing Meridian Capital Group, played a crucial role in this transaction as brokers. The lending for this transaction was provided by greystone''>Greystone. Their expertise and guidance were instrumental in securing the financing amounting to $53,315,000.