Meridian Capital Group Secures $110M Loan For Mixed-Use Property In Downtown Brooklyn

Located at 257 Gold St. in Downtown Brooklyn, the Brooklyn Gold property recently underwent a closed transaction. This mixed-use asset encompasses various types of properties, offering a diverse range of opportunities for residents and businesses alike. The deal, which took place on May 26, 2021, was facilitated by Meridian Capital Group.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $110,000,000
• Loan Terms: 10-Year Term, Low 3.00% Range
• Address: 257 Gold St. (Brooklyn Gold)
• Market: Downtown Brooklyn

The transaction was handled by Abe Hirsch, Charles Grussgott, and Michael Helmreich from Meridian Capital Group. They represented the buyer and seller, ensuring a smooth and successful deal. The loan amount for this transaction reached a significant $110,000,000, with favorable terms of a 10-year term and a low 3.00% interest rate.