Meridian Capital Group recently arranged a loan in the amount of $5.437 million for the purchase of an 80 unit apartment building called Boulevard Sq. Apartments. The property contains 80 units and 85,000 s/f.
Avner Avesar and Noam Kaminetzky of Meridian's Florida office negotiated on behalf of the borrower to secure a 10 year fixed non-recourse loan at a rate of 6.27%.
The buyer and seller in this transaction could not be disclosed.