June 2, 2020 Comments Off on Meridian Capital Secures $6M Refinancing for Baltimore MF Community Views: 568 Baltimore, Washington, D.C. News

Meridian Capital Secures $6M Refinancing for Baltimore MF Community

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Meridian Capital Group has arranged a $5.5 million loan to refinance Printers Square, a multifamily community in Baltimore.

Located at 1312 Guilford Ave., Printers Square consists of four mid-rise buildings totaling 60 one and two-bedroom residential units across 47,939 square feet. A former printing house, the property was converted into apartments in 2007, and offers a city setting with the original architecture and features of the historic building.

Isaac Filler and Yossi Koschitzki of Meridian negotiated the financing on behalf of Matt Teichman, founder of BCI Management LLC. The lender was FVCbank. Terms of the five-year loan include a rate of 3.85% and a 30-year amortization schedule.

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