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Raritan Crossing Multifamily Gets $32M Freddie Mac Loan

NEW BRUNSWICK-Beech Street Capital issues K-certificate for refinance of the 376-unit apartment complex.

By Antoinette Martin | Updated on April 17, 2012

NEW BRUNSWICK–Beech Street Capital has provided a $32 million Freddie Mac CME loan for the refinance of Raritan Crossing Apartments, a 376-unit complex in New Brunswick.

The fixed-rate loan has a seven-year term and 30-year amortization. The transaction was originated by Avi Weinstock and Josh Rhine of Meridian Capital Group, and it was financed as part of Beech Street’s correspondent relationship with Meridian.  

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