Freddie Mac approves multi-family lender Beech Street Capital for NYC

Beech Street Capital, the Bethesda, Md.-based multi-family mortgage financing firm, has been approved as a Freddie Mac Program Plus lender for the New York City area, the company announced yesterday. Beech Street, which originates loans directly and through relationships with other lenders, including Meridian Capital Group, promised to utilize its new status to help “provide multi-family financing for affordable and market-rate rental housing” in the city. TRD