$2.1 Million Acquisition And Construction Loan Secured By Meridian Capital Group For Development Site In Woodmere

The transaction involves a development site located in Woodmere, Five Towns NY, with a total square footage of 12,000. The loan amount secured for this transaction is $2,100,000, categorized under acquisition and construction financing.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $2,100,000
• Asset Square Footage: 12,000 SF
• Market: Woodmere, Five Towns NY
• Loan Type: Acquisition & Construction Financing
• Brokers: Michael Farkovits & David Hayum - Meridian Capital Group

Key individuals involved in this transaction are Michael Farkovits and David Hayum, who represent Meridian Capital Group. They facilitated the loan process, playing a crucial role in securing the financing for the development site.