BEECH STREET PROVIDES $6.53 MILLION FOR EIGHT CHICAGO PROPERTIES

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CHICAGO — Beech Street Capital has provided $6.53 million in Fannie Mae loans to refinance two portfolios in Chicago's Rogers Park neighborhood. The transaction was financed through Meridian Capital Group. The first portfolio, Tamid 2, contains 57 units in three properties, while the second, Tamid 3, consists of 84 units in five properties. The fixed-rate loans have a 7-year term and a 30-year amortization schedule. Amy Sodeinde and Joel Goodman were underwriters for Beech Street and Lisa Pierotti was the closer.

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