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Meridian Capital Group announced the following transactions:

* A $10.5 million new mortgage on a purchase of a 21-story, 206,271-SF Class B+ office building on Walnut Street in Center City, Philadelphia. The property was sold by a subsidiary of GE Capital to Meridian's client. The loan has a 10-year term floating over LIBOR. Moshe Majeski and Aaron Birnbaum originated the deal

* A $4.6 million new mortgage for a two-story multi-family building on 76th Road in Flushing, N.Y. The loan featured a 5.87% rate and a 10-year term. Scott Assouline and Moshe Majeski arranged the financing for this transaction;

* A $1.988 million new mortgage for a four-story multi-family building on W. 14th St. in New York City. The loan featured a 6.5% rate and a 10year term. Charles Grussgott arranged the financing for this transaction;

* A $1.4 million new mortgage for a six-story, multi-family building on Northern Boulevard in Flushing, N.Y. The loan featured a 6.125% rate and a 10-year term. Morris Diamant and Joe Klein arranged the financing for this transaction;

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* A $1.35 million new mortgage for a six-story, mixed-use apartment building on W. 183 St. in New York City. The loan featured a 6.375% rate and a 12-year term. Allan Lieberman arranged the financing for this transaction;

* A $1.34 million new mortgage for a three-story, multi-family building on Chancellor Ave. in Newark, N.J. The loan featured a 6.75% rate and a 10-year term. Saul Piller and Avi Weinstock arranged the financing for this transaction.

Emigrant Savings Bank announced the following transactions:

* A $221,000 acquisition loan for a three-story, mixed-use walk-up in Weekhawken, NJ.;

* A $140,000 refinancing for a three-story, non-elevator building in Brooklyn, N.Y.;

* An $81,600 refinancing for a two-story, mixed-use walk-up in Brooklyn, N.Y.;

* A $260,000 acquisition loan for a three-story elevator building and a two-story extenstion walk-up in Jersey City, N.J.;

* A $300,000 refinancing for a four-story, non-elevator building in Brooklyn, N.Y.;

* A $175,000 refinancing for a four-story, mixed-use building in Brooklyn, N.Y.;

* A $275,000 refinancing for a three-story, mixed-use, walk-up building in Rego Park, N.Y.;

* A $450,000 acquisition loan for two three-story elevator buildings in Brooklyn, N.Y.;

* A $225,000 refinancing for two three-story, non-elevator buildings in New Britain, Conn.;

* A $900,000 refinancing for a seven-story, elevator building in New York City;




 
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