EagleBridge Capital Arranges $4,820,000 For Boston Condo Construction

251 Marlboro Street, Boston, MA

Boston, MA, Mar. 11, 2013 -- EagleBridge Capital has arranged a total of $4,820,000 in mortgage acquisition/construction financing for three units located in Boston, Massachusetts working exclusively on behalf of its client, Neelon Properties.

 EagleBridge principals Ted Sidel and Brian Sheehan arranged a $4,000,000 mortgage for two units located at 251 Marlboro Street in the Back Bay plus an $820,000 mortgage for a unit located at 77 Worcester Street in the South End.  The lenders were two leading financial institutions.  

Ted Sidel

The Marlboro Street units contain a total of 4950 square feet on two floors. There are 3 fireplaces, multi-zone central heating, cooling by central air, 3 full baths and one half-bath, a private entrance to one of the units, and two car garages plus one surface parking space. 

77 Worcester Street is a two-story 1700 square foot, three bedrooms, one and one-half bath penthouse duplex which will feature a rooftop deck and patio.  The interiors of both Marlboro Street units and the Worcester Street unit are being completely rebuilt to the highest standards of quality.

Brian Sheehan

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:

Stanley J. Sidel

Senior Advisor

EagleBridge Capital

33 Broad Street

Boston, MA 02109

Tel: 617-292-7177 Ext. 14

www.eaglebridgecapital.com