Meridian Capital Group Secures $8.61 Million Refinance For Queens Medical Office And Multifamily Portfolio

The asset involved in this transaction is a portfolio comprising medical office and multifamily properties located at 111-17 Northern Boulevard and 175-20 Hillside Avenue in Queens. The loan amount for the refinance transaction is $8,610,000, facilitated through a fixed-rate, interest-only loan structure.

Summary of transaction details:

• Property Type: Medical Office & Multifamily Portfolio
• Transaction Amount: $8,610,000
• Loan Type: Refinance
• Loan Terms: Fixed-rate, interest-only loan
• Market: Queens
• Brokers: Simon Rosenfeld & John Bianco - Meridian Capital Group

Simon Rosenfeld and John Bianco, both Senior Vice Presidents at Meridian Capital Group, represented the brokers in this refinancing transaction. They can be contacted at their respective phone numbers, 212-612-0110 for Simon Rosenfeld and 212-612-0297 for John Bianco, for further inquiries regarding financing options.