Thursday, June 28, 2018

EagleBridge Capital Arranges $21.5 Million Acquisition/Permanent Mortgage Financing For Multi-Family Portfolio in Southern New England

Apartment Complex, Southern New Engand

Brian D. Sheehan

Boston, MA -- EagleBridge Capital has arranged acquisition/permanent mortgage financing in the amount of $21,500,000 for a diverse multi-family portfolio located in Southern New England.

The mortgage financing was arranged by EagleBridge principals Brian D. Sheehan and Ted M. Sidel who stated that the loan was provided by an Agency lender.

The portfolio is made up of 370 rental units located in multiple buildings ranging in size from 2 to 18 units.

The non-recourse mortgage carried a low long term fixed interest rate with a 30 year amortization and an interest only period.

Ted M. Sidel
Mr. Sheehan and Mr. Sidel stated, “We were very pleased to meet the client’s requirements on a very complex multi-faceted loan.” 
EagleBridge Capital is a Boston-based mortgage banking firm specializing in arranging debt and equity financing as well as joint ventures for apartment, industrial, office, and  r & d buildings, shopping centers,  hotels, condominiums and mixed use properties as well as special purpose buildings.

 For more information, please contact:

Stanley J. Sidel
Senior Advisor
EagleBridge Capital
One Boston Place, Suite 2600
Boston, MA 02108
Tel: 617-292-7177 Ext. 300

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