BEECH STREET PROVIDES $40M FOR MULTIFAMILY PORTFOLIO

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BALTIMORE — Beech Street Capital has provided $40 million in financing for a three-property multifamily portfolio, with properties located in Baltimore, Glen Burnie and Essex, Md. The portfolio totals more than 1,200 units. Jacob Katz of Meridian Capital Group's Bethesda, Md., office secured the 10-year loan with a 30-year amortization schedule.

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