BEECH STREET ARRANGES $8.2M LOAN FOR MANHATTAN APARTMENTS

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NEW YORK CITY — Beech Street Capital has arranged an$8.2 million Fannie Mae loan for the refinancing of a 74-unit apartment building on Fort Washington Avenue in Manhattan. Carol Selby of Meridian Capital Group originated the seven-year, fixed-rate loan. The borrowers have owned the property since 1999, which is located in Hudson Heights.

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