Meridian Capital Group Secures $40M Construction Loan For Mixed-Use Property In New Orleans | Meridian Capital Group brokers loan for $40,000,000 in New Orleans | Jared Fried, Benjamin (Ben) Nevid | Mixed-use | Loan

Summary

Loan

LOUISIANA

Mixed-use

130 sqft

A mixed-use property in New Orleans, LA has recently secured a construction loan of $40,000,000. The property, which spans an impressive 130,000 square feet, is set to undergo further development with the financial backing of this loan.

Summary of transation details

Property Type: Mixed-Use
Transaction Amount: $40,000,000
Market: New Orleans, LA
BROKERS: Benjamin Nevid & Jared Fried - Meridian Capital Group
Loan Type: Construction

Leading the deal are Benjamin Nevid and Jared Fried from the Meridian Capital Group. With their expertise and knowledge in the New Orleans market, they were instrumental in securing the substantial construction loan for this mixed-use property.

Players

All
3

Agents
2
Agencies
1

Jared Fried

Senior Associate

Benjamin (Ben) Nevid

Senior Vice President

$222M Sold

Meridian Capital Group

Details

Deal Summary

FINANCED

IMAGE: Benjamin Nevid & Jared Fried DATE: 11/09/2022 MARKET: New Orleans, LA ASSET TYPE: Mixed-Use ~ SF: 130,000 BROKERS: Benjamin Nevid & Jared Fried (@Jared_F11) - Meridian Capital Group (Meridian.Capital.Group) LOAN AMOUNT: $40,000,000 LOAN TYPE: Construction

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AddressMeridian Capital Group brokers loan for $40,000,000 in New Orleans

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