Monday, July 21, 2014

EagleBridge Capital Arranges $6.3 Million For Medford, MA Condo Conversion


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.

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.

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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