Meridian Capital Secures $18M for Uptown MF Property
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Meridian Capital has secured a $17.7 million Fannie Mae first mortgage loan for Broadway Terrace, a collection of 131 garden-style apartments in New York City. The loan will be utilized to refinance the property’s current debt.
The apartments, situated in Washington Heights and Fort George, are housed in eight four-story residential buildings constructed in 1927. The loan was arranged by KeyBank Real Estate Capital’s Alan Isenstadt and John Ward.
Meridian Capital Secures $18M for Uptown MF Property
Meridian Capital Secures $18M for Uptown MF Property
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Meridian Capital has secured a $17.7 million Fannie Mae first mortgage loan for Broadway Terrace, a collection of 131 garden-style apartments in New York City. The loan will be utilized to refinance the property’s current debt.
The apartments, situated in Washington Heights and Fort George, are housed in eight four-story residential buildings constructed in 1927. The loan was arranged by KeyBank Real Estate Capital’s Alan Isenstadt and John Ward.
The post Meridian Capital Secures $18M for Uptown MF Property appeared first on Connect CRE.
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