Feed

Meridian Capital

When It's Not Your Money

$100 M.! Big CMBS Deal at Barney’s Flagship

In one of the biggest commercial mortgage-backed security deals in New York during the Great Recession, the retail condominium portion of the Barney's flagship store at 660 Madison Avenue will be refinanced to the tune of $100 million. The loan was arranged by Meridian Capital Group, LLC for landlord Flagship Partners LLC, which owns floors Read More

A Billion Dollars,You Say? Never Mind!

Billion-dollar building transactions once seemed so commonplace in Manhattan that the industry nearly forgot the enormity of the number in question. Another $1 billion? Big whoop! The blasé attitude of brokers, buyers, and sellers was understandable. Financing was as easy to find as a steak lover at a Real Estate Board function.

“Eighteen months Read More