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

Staff Writer April 5, 2017
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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.

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