Meridian Capital Group arranged $7.8 million in financing for the refinance of the Clarion Hotel & Conference Center located in Toms River, on behalf of 85 Venture Group. The 10-year loan, provided by a local savings bank, features a fixed rate of 4.75%. This transaction was negotiated by Meridian Managing director, Jim Bologno and senior vice president, Scott Jackson, who are both based in the company’s Iselin office. READ MORE