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| 34--42 West Street Apartments, Randolph, MA |
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| Ted Sidel |
Boston, MA -- EagleBridge
Capital has arranged permanent mortgage financing in the amount of $3,325,000
for 34-42 West Street located in Randolph, Massachusetts.
The non-recourse mortgage
was arranged by EagleBridge principals Ted
Sidel and Brian Sheehan through
Freddie Mac. Highlights of the financing included a rate in the mid 3’s, a 10-
year term, and a 30 year amortization.
The apartment complex is
composed of two apartment buildings and is 100% leased. The buildings contain a
total of 32 apartments with a mix of 14 two bedroom/one bath units, 17 one
bedroom/one bath units and 1 studio unit.
34-42 West Street is
located at the intersection of N. Main Street (Route 28) in Randolph. It is
close to public transportation and within easy walking distance of area shops,
shopping centers, restaurants, and banks.
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| Brian Sheehan |
agleBridge 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 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. 300
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