The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
March 29, 2024
 Search RENTV
   Go!
 The REview
 News
News Home Page
Southern California
Northern California
Pacific Northwest
Texas/Southwest
Retail
Multifamily
Financing
Prop. Management
Archives
Press Releases
 R. E. Marketplace
Service Providers
JobWorks
Property Spotlight
 RENTV  Conferences
Subscriber Login:
  
Email      
    Go!
Password      
Forgot Password?



TEXAS/SOUTHWEST NEWS
Printer-friendly Version   Email an Associate
Meridian Capital Group Arranges $10.5 Mil Refi Loan on AZ Multifamily Property

4/04/16

Meridian Capital Group arranged $10.5 mil in refi money on Spring Meadow Apartments, a 271-unit multifamily property in Glendale, AZ. Located near I-17 and Arizona State Route 101, the property features numerous amenities including a community pool, fitness center and business center.

The five-year loan, provided by a local savings bank, features a competitive fixed-rate of 3.78%, flexible prepayment terms and three years of interest-only payments followed by a 30-year amortization schedule. This transaction was negotiated by Meridian’s Seth Grossman and Kovi Elkus.

Conveniently located near downtown Glendale, Westgate City Center and Glendale Community College, residents of Spring Meadow Apartments are in close proximity to a wide variety of shopping, dining and entertainment options, most notably the home stadiums for both the Arizona Cardinals and Phoenix Coyotes. The property offers easy access to the surrounding metro area Phoenix.






Return to the Archive page


 


 


 


 
 



Home | About Us | Newsletter | Contact Us | Executive Subscriber Membership | Executive Subscriber Home | Advertise
Southern California | Northern California | Pacific Northwest | Southwest | Retail | Multifamily | Financing | Property Management
Archives | Press Releases | Service Providers | JobWorks | Property Listings

Copyright © 2024 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media