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LUBBOCK — Beech Street Capital has funded a $6.3 million Fannie Mae ARM 7-6 loan for the refinancing of the 232-unit Canyon Crossing, a multifamily property located in Lubbock. Jacob Katz of Meridian Capital Group's Bethesda, Md., office arranged the 7-year loan with 2 years of interest only and a 30-year amortization schedule through Beech Street.