Finance O Indiana

Meridian Capital Group provides $9 million refinance loan for Indiana apartment complex

andover-park

Meridian Capital Group negotiated a $9.3 million mortgage for the refinance of the Andover Park Apartments in Valparaiso, Ind.

Meridian Capital Group negotiated a $9.3 million mortgage for the refinance of the Andover Park Apartments in Valparaiso, Ind.

The 35-year self-liquidating FHA-HUD loan features a loan-to-value of 83 percent, a fixed-rate of 3 percent and was provided by an agency lender.

Sammy Joseph with Meridian Capital negotiated the transaction.