BEECH STREET PROVIDES $5.9M REFINANCING FOR TULSA APARTMENT COMPLEX

by admin

TULSA, OKLA. — Beech Street Capital has provided a $5.9 million refinancing loan for South Slope, a 96-unit multifamily community in Tulsa. Located at 6320 E. 72nd St., the complex offers one- to three-bedroom units in flat and townhouse styles plus amenities such as a swimming pool and fitness center. The seven-year, fixed-rate Freddie Mac CME mortgage includes 6.5 years of defeasance and a 30-year amortization schedule. Doug Taylor of Beech Street originated the refinancing, and David Yancey of Crown Capital arranged the loan on behalf of the undisclosed borrower.

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