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  • Jake Weinstein, Meridian Capital Group

40 Under 40: “The qualities that help make me successful are hard work and determination”

What is your greatest professional accomplishment? I joined Meridian after college in January 2013 without any background in real estate finance. Since then, I’ve been able to build a successful career in a field with almost unlimited growth potential at a great company that has given me the tools to constantly move forward. Through hard work and a determination to learn the business, I was quickly able to get to a point where I became a core member of the Meridian team and have continued to grow from there. I pride myself on being someone who my colleagues and clients can rely on to negotiate and execute the best deals in the marketplace. What is your most notable project, deal or transaction? Two recent deals come to mind. The first is an acquisition loan for a multifamily property in Virginia; I was able to negotiate an 86.5% loan-to-value fixed-rate deal with a 12-year term, seven years of interest-only payments, and a very favorable spread. The ability to over deliver and help my client execute his business plan, improve the quality of life for his tenants, and provide his investors with favorable returns is what I work to achieve. The second deal that comes to mind is a 10-year loan featuring a rate of 3.65%, six years of interest-only payments, and a 75% loan-to-value ratio for a mixed-use property in Massachusetts.

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