Article: Meridian arranges $50m bridge loan refinancing.(Capital Group L.L.C., Brauser Group)(Brief article)

Meridian Capital Group recently arranged the refinancing of a $50,000,000 bridge loan for 111 Washington Street and accumulated air rights. Charles Grussgott and Ronnie Levine of Meridian's New York office negotiated on behalf of The Brauser Group to secure a fixed rate of 6.375% over a three-year term.

Currently, the property houses a six-story parking facility, however the site has tremendous future development potential. Between the subject property ...

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