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.
