commercial mortgage broker

Meridian's next move

Meridian Capital Group, LLC, a commercial mortgage broker, has relocated its Maryland office to 7735 Old Georgetown Road in Bethesda, announced Andrew Weiss, managing director. The company originally opened its mid-Atlantic offices earlier this year in another Bethesda location.

"We have quickly become a significant player in the region's mortgage finance market," Weiss said.

"We have excellent relationships with lenders, and our hands-on, personal approach to business has been very well received.

"The new offices afford us opportunities for continued growth and expansion as we establish ourselves as the go-to broker offering a myriad of financing options."

"The District of Columbia and its surrounding area comprise one of the most active and healthy real estate markets in the country," he added.

"We are satisfying a variety of borrower requirements involving both multifamily and commercial real estate."

For example, Meridian Capital Group brokered a $14 million mortgage for a 400-unit apartment building to Pikesville. Maryland this spring.

The firm also recently arranged a $12.5 million mortgage lot a 300-unit apartment building in Baltimore and an $8.5 million loan for a shopping center in McLean, Virginia

COPYRIGHT 2004 Hagedorn Publication
COPYRIGHT 2004 Gale Group