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Meridian Arranges $23M Loan for TX Community. The firm secured a three-year loan that will be used to recapitalize the 344-unit Wildwood in Austin, which features a playground, a pool and 650 parking spaces. Meridian Capital Group has arranged $23 million in financing to recapitalize Wildwood, a multifamily community in Austin, Texas.
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Well, Meridian Home Mortgage told us that they were sure that they could help us with an underwater loan. They said that we would be very happy with the rate they would get for us. They quoted a rate and terms much better than those quoted by NationStar. We proceeded with the loan process starting with a check of our credit rating.