BEECH ARRANGES $13.6M LOAN FOR 4-PROPERTY PORTFOLIO

EDISON, MONTCLAIR AND HIGHLAND PARK, N.J. — Beech Street Capital has arranged a $13.6 million Fannie Mae loan to refinance a four-property portfolio in Edison, Montclair and Highland Park. The portfolio totals 181 apartment units. The 7-year loan has a 30-year amortization schedule.