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| Clearview Apartments, Fall River, MA |
Boston, MA -- EagleBridge Capital has arranged $2,840,000 in
mortgage acquisition/permanent financing for Clearview Apartments
located in Fall River, Massachusetts working exclusively on behalf of the
borrower, TAG Fall River.
The financing was arranged by EagleBridge principals Brian
D. Sheehan and Ted M. Sidel who stated the mortgage was provided
through the Fannie Mae DUS program
Mr. Sheehan and Mr. Sidel stated, “The Fannie Mae program worked very
smoothly. The borrower was able to lock
in a long term non-recourse mortgage amortized over 30 years on very favorable
terms.”
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| Brian D. Sheehan |
Clearview Apartments is a 49 unit apartment complex located
at 4000 N. Main Street consisting of 42 two-bedroom units and 7 one-bedroom
units situated in two buildings.
The complex overlooks the Taunton River and is
near the Fall River Country Club. Clearview
is located just off Exit 8 of Route 24 and is within walking distance of the
97,000 sf Riverview Marketplace shopping center anchored by Shaw’s Supermarket
and CVS.
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| Ted M. Sidel |
The borrower was represented by the law firm of DarrowEverett.
EagleBridge Capital is a Boston-based mortgage banking firm
specializing in arranging debt and equity financing as well as joint ventures
for apartment, office, industrial, r & d buildings, hotels, condominium
buildings and mixed use properties as well as special purpose buildings.
Contact:
Ted Sidel,
(617) 292-7177
Ext. 10
or
Stanley J. Sidel
Senior Advisor
EagleBridge Capital
33 Broad Street
Boston, MA 02109
Tel: 617-292-7177 Ext. 14
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