Boston, MA -- EagleBridge
Capital has arranged mortgage financing totaling $9,435,000 for a residential
rental portfolio of single and two-family homes located in several communities
in Metro Boston.
The mortgage financing was
arranged by EagleBridge principal Ted. M. Sidel who stated that the loan
was provided by a leading Massachusetts financial institution.
Ted M. Seidel |
The portfolio includes 25
living units composed of 18 two-family dwellings, 4 one-family dwellings, and 3
residential condominium units located in Cambridge, Somerville, Medford,
Malden, Watertown, Brighton, Jamaica Plain, and West Roxbury, MA.
According to Sidel, “The units
were all in excellent condition. We were to meet the goal of consolidating a
number of separate mortgages at a great fixed rate with an interest only
period, a twenty-year term, thirty-five year amortization, and flexible
prepayment terms.”
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.
CONTACT:
STAN SIDEL
ONE
BOSTON PLACE BOSTON, MA 02108 TEL:
617.292.7177 FAX: 617.292.7575
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