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Carol Shelby | Connect CRE

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Carol Shelby


Meridian Capital Group

Managing director, Meridian Capital Group

Has negotiated more than 1,580 loans totaling $12.1 billion-plus

Prides herself on her ability to "roll with it”

Having joined Meridian Capital Group in 1992, Carol Shelby has held influence in and outside of the organization for nearly 30 years. Shelby is responsible for the origination and placement of loans across a broad array of property types, including multifamily, office, retail, hospitality, and cooperative properties. Over the course of her career, she has negotiated more than 1,500 loans totaling $12 billion-plus in financing in locations across the United States.  

Shelby’s longstanding success stems from her unrivaled ability to adapt and remain relevant in the rapidly shifting and ever-evolving world of commercial real estate. She embodies tenacity of spirit and a positive, forward-thinking mentality, which contributes to her influence as a key player in the commercial real estate industry.  

Shelby prides herself on her ability to “roll with it,” a tactic that has served her well over the course of three decades that she’s spent navigating the business. Despite the curveballs that have been thrown in her direction along the way—including the challenges of operating in a pandemic—she continues to play both offense and defense and remains an impressive player with a well-earned and loyal network of clients, lenders, and third-party service providers.  

These are just a few of the reasons we chose Shelby as one of the New York 2021 Women in Real Estate Award winners. Connect CRE’s Women in Real Estate Awards honor the achievements and inspirational stories of women who have reached respected positions of leadership and play key mentorship roles for others. 


Inside The Story

Meridian Capital's Shelby

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).