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| Rendering of the Residences at St. Francis Condominiums Medofrd, MA |
Boston, MA -- EagleBridge Capital has arranged
acquisition/construction financing in the amount of $6,300,000 for the Residences
at St. Francis Condominiums currently under construction and located at One
St. Clare Road in Medford, Massachusetts.
The mortgage was arranged by EagleBridge principals Brian
Sheehan and Ted Sidel.
The Residences at St. Francis is an 18 unit condominium
comprised of units ranging in size from 651 square feet for a one bedroom/one
bath unit to 917 to 1453 square feet for two bedroom/two bath units to 1735 to
1835 square feet for three bedroom/three bath units.
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| Brian Sheehan |
Nine of the units
will be three-story townhouses with private roof decks. Finishes will be of the highest quality.
Units will include granite countertops, painted solid oak custom cabinets,
stainless steel appliances, hardwood floors in the living areas, and. ceramic
tile in the bathrooms and kitchens. Parking shall be available for 36 vehicles.
One St. Clare Road’s convenient location will provide its
residents with an easy commute to Downtown Boston and the Greater Boston
area. It is 2.5 miles from the MBTA
Orange Line Wellington Station.
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| Ted Sidel |
Bus service to the station is located adjacent to the
property with Downtown Boston being an 11 minute train ride from
Wellington. The Route I-93 interchange
is less than one-half mile to the North and Route I-95 (Route 128)/I93
interchange is just five mile away.
EagleBridge Capital
is a Boston-based mortgage banking firm specializing in arranging debt and
equity financing as well as joint ventures for apartment, condominium, office,
industrial, r & d buildings, hotels, and mixed use properties as well as
special purpose buildings.
For a complete copy of the company’s news release, please
contact:
Stanley J. Sidel
Senior Advisor
EagleBridge Capital
33 Broad Street
Boston, MA 02109
Tel: 617-292-7177 Ext. 14
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