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NEW YORK CITY — Beech Street Capital has arranged $40 million in Fannie Mae DUS funds for the refinancing of a New York City multifamily portfolio. The portfolio contains eight properties located in Queens. The buildings contain a total of 1,154 units and were constructed between 1950 and 1963. The loan carries a 10-year term with a fixed interest rate and 9.5 years of yield maintenance. Meridian Capital Group originated the financing.