Meridian Capital Group Arranges $7.9M Refinance Loan For Miami Retail Property

Mendy Spielman and Morris Diamant of Meridian Capital Group brokered a $7,900,000 refinance loan for a retail property in Miami, FL. The loan was secured with a 5-year term at a 5.35% interest rate. There is no prepayment penalty associated with the loan.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $7,900,000
• Loan Type: Refinance
• Loan Terms: 5-year term, 5.35% interest rate, no prepayment penalty
• Brokers: Mendy Spielman & Morris Diamant - Meridian Capital Group

Mendy Spielman and Morris Diamant, representing Meridian Capital Group, played a key role in facilitating the loan for this retail property in Miami, FL.