Meridian Capital Group Secures $10.2M Refinance Loan For Mixed-Use Properties In NYC & Bronx

The recent transaction involves the refinance of multiple mixed-use properties in New York City (NYC) and the Bronx. The properties include 86 Kenmare St., 68 West 3 St., 57 East 95 St., 60 East 34 St., and 2758 Cruger Ave. The loan amount for this refinance deal is $10,200,000.

Summary of transaction details

• Property Type: Mixed-Use
• Transaction Amount: $10,200,000
• Market: NYC & Bronx

The financing was arranged by Isaac Filler, Yossi Koschitzki, and Elliot Levy from the Meridian Capital Group. They represented the borrowers in this transaction. Salon Realty acted as the borrower's representative.

This refinance loan provides an opportunity for the property owners to leverage their mixed-use assets in NYC and the Bronx. The transaction was facilitated by the expertise of Isaac Filler, Yossi Koschitzki, and Elliot Levy from the Meridian Capital Group, along with the assistance of Salon Realty as the borrower's representative.