Meridian Capital Arranges $186M Loan for Lido Oceanfront Residences Development

Meridian Capital Group arranged a $186 million construction loan to finance the development of Lido Oceanfront Residences, a luxury condominium project in Asbury Park, New Jersey. The financing was secured by Madison Realty Capital and will support one of the largest residential developments along the Jersey Shore.

By Meridian Capital Group LLC · PR Newswire · July 16, 2026, 18:31 UTC

Topics: commercial_real_estate financing_announcement luxury_development

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