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| Apartment Complex, Southern New Engand |
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| 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.
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| 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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