Meridian Capital Group Arranges $22.2 Million Loan for Fractured Multifamily Condo Portfolio in Atlanta, GA

ATLANTA, Aug. 11, 2025 ~ Meridian Capital Group, a renowned commercial real estate finance and advisory firm, has successfully secured $22.2 million in financing for a fractured condominium portfolio located at 232 19th Street NW in Atlanta, GA. The portfolio, known as Trantor Atlantic Lofts, comprises of 115 residential units within a 155-unit condominium complex.

The prime location of the property in the heart of Atlantic Station, a bustling live-work-play district near Georgia Tech and Midtown, offers residents easy access to premier retail, dining, and entertainment options. This includes popular attractions like the Millennium Gate Museum.

Meridian Capital Group arranged the financing on behalf of Trantor Realty through Encore Finance. The terms of the financing include a five-year fixed rate and full-term interest-only payments. Benjamin Klugmann, Senior Vice President at Meridian Capital Group, led the transaction along with Vice President Tzvi Krieger.

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According to Klugmann, this deal presented unique challenges due to its nature as a fractured condo in a non-core market. However, with their expertise and strong relationships with lenders, they were able to negotiate favorable terms that aligned with the sponsor's vision. He emphasized that every deal is unique and this one required precision, creativity, and deep lender relationships.

This successful financing arrangement by Meridian Capital Group showcases their ability to navigate complex deals and secure favorable terms for their clients. With their extensive experience and strong industry connections, they continue to be a leading force in commercial real estate finance and advisory services.

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