Carol Shelby Of Meridian Capital Group Secures $17.5 Million Refinance Loan For Retail Co-Op

The asset involved in this transaction is a retail co-op located at 652 Hudson Street in the West Village market. The property spans a total square footage of 50,962 and was subject to a refinance loan.

Summary of transaction details:

• Property Type: Retail Co-Op
• Transaction Amount: $17,500,000
• Loan Type: Refinance
• Lender: Customer's Bank
• Broker: Carol Shelby - Meridian Capital Group
• Date of Transaction: 02/14/2025

Carol Shelby from Meridian Capital Group was the broker representing the refinancing process in this transaction, facilitating the connection between the borrower and the lender, Customer's Bank.