Meridian Capital Group Arranges $19.5M Refinance Loan For Lenox Street Multifamily Property

A multifamily property located at Lenox Street and East 183rd in New York has recently undergone a loan refinance. The transaction was facilitated by brokers Morris Diamant and Tzvi Krieger from Meridian Capital Group. The property was refinanced for a loan amount of $19,500,000 with a rate of 4.15% and interest-only terms. This transaction took place on August 19, 2022.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $19,500,000
• Loan Type: Refinance
• Loan Term: Rate of 4.15% and interest-only
• Brokers: Morris Diamant & Tzvi Krieger - Meridian Capital Group

This loan refinance deal was made possible through the expertise of Morris Diamant and Tzvi Krieger from the Meridian Capital Group. They represented the parties involved in the transaction, ensuring a successful refinancing process for the multifamily property at Lenox Street and East 183rd in New York.