Meridian Capital Brokers Secure $6.9M Refinance Loan In Birdsboro, PA

The industrial property located at 700 West 1st Street in Birdsboro, PA, spans 144,000 square feet. The loan for this property was refinanced for $6,900,000 with a fixed 6.9% interest rate for a 5-year term. The financing was provided by Orrstown Bank, with the transaction facilitated by Israel Leiner and Michael Hess from the Meridian Capital Group.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $6,900,000
• Address: 700 West 1st Street
• Market: Birdsboro, PA
• Loan Type: Refinance
• Loan Terms: 6.9% Fixed 5 Year Term

Israel Leiner and Michael Hess, representing Meridian Capital Group, played a crucial role as the brokers in securing the refinancing deal for the industrial property at 700 West 1st Street. The involvement of these real estate professionals highlights their expertise in navigating and finalizing significant loan transactions within the commercial real estate sector.