Meridian Capital Group closes $150 Million in Financing for Manufactured Housing Portfolio in Michigan

Source:  REJournals.com

Meridian Capital Group, LLC, negotiated $150 million in acquisition and permanent financing for a manufactured housing portfolio located in Michigan and Alabama on behalf of Matrix Realty Group. The five-year financing package features one year of interest-only payments, followed by a 30-year amortization period. This transaction was negotiated by Meridian Capital Group managing director Tal Bar-Or and vice president Michael Ottomanelli, who are both based in the Company’s New York ...

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