Meridian Capital Group Arranges $33.5M Construction Loan For Woodside Multifamily Property

The multifamily property located at 43-15 52nd Street in Woodside has been involved in a recent loan transaction. The property has a total square footage of 97,000, making it a significant asset in the market. The loan, amounting to $33,500,000, was secured for construction purposes.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $33,500,000
• Address: 43-15 52nd Street
• Market: Woodside
• Landlord: ZD Jasper Realty - Jasper Wu
• Brokers: Morris Betesh & Omar Ferreira - Meridian Capital Group

The loan transaction involving the multifamily property was facilitated by brokers Morris Betesh and Omar Ferreira from Meridian Capital Group. They successfully represented the interests of the parties involved in the deal, including the landlord, ZD Jasper Realty, represented by Jasper Wu.