Meridian Capital Group, LLC has closed on a $36 million Fannie Mae loan on the multifamily building Chelsea Court, at 250 West 19th Street, between Seventh and Eighth Avenues.
The Fannie Mae loan was provided through Beech Street Capital. It features a rate of 2.9 percent and a seven-year term.
B&L Management, a company which develops and manages apartment buildings in Manhattan, owns the 200-unit, 16-story multifamily building, which was built in 1986. It currently has an occupancy rate of 95 percent.
apirolo@observer.com
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Not to hijack this thread, but I’d like to find out if I’m eligible for a short sale and I can’t figure out how to find a local, highly regarded realtor… do you have any info on this realtor? They’re listed in the city of Fair Oaks, CA near me and I can’t find reviews on them – Becky Lund & Associates, 8814 Madison Ave Fair Oaks, CA 95628 (916) 531-7124.