Meridian Negotiates $110M NYCB Loan for Rockland County Multifamily Buy
Harbor Group International and Azure Partners landed $110 million in financing for their purchase of Eaves Nanuet, a 504-unit multifamily community located in the town of Nanuet in Rockland County, N.Y., Commercial Observer can first report. The five-year acquisition loan was provided by New York Community Bank. Meridian Capital Group’s Moshe Majeski, Abe Hirsche and Zev Karpel of the brokerage’s New York office negotiated the debt, which carries carries a fixed-rate of 3.13