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| Salem Bank Building, 253 Essex Street, Downtown Salem, MA |
Boston, MA -- EagleBridge Capital, has
arranged mortgage financing in the amount of $1,600,000 for the bank building
located in Salem, Massachusetts.
The mortgage financing was arranged by
EagleBridge principal Ted. M. Sidel who stated that the loan was
provided by a leading bridge lender.
The building is located at 253 Essex
Street in the heart of Downtown Salem.
The Classical Revival style brick and
steel bank building was originally constructed in 1910 by the Merchants
National Bank. The area features a number of period buildings constructed
in the 18th, 19, and early 20th centuries.
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| Ted. M. Sidel |
Essex Street and the nearby surrounding area is home to a variety
of retail, restaurant, residential, and office properties as well as historic
tourist attractions. The acclaimed Essex Peabody Museum is also located
on Essex Street within a short walking distance.
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, r & d, and single
tenant buildings, shopping centers, hotels, condominiums, and mixed use
properties as well as special purpose buildings.
EagleBridge Capital is a member of Commercial Real Estate Capital
Advisors (CRECA) a national association of independent commercial mortgage
banking firms.
CONTACT:
Stanley J. Sidel
Senior Advisor
EagleBridge Capital
One Boston Place, Suite 2600
Boston, MA 02108
Tel: 617-292-7177 Ext.12
Fax: 617-292-7575
ONE BOSTON
PLACE
BOSTON,
MA 02108
TEL: 617.292.7177 FAX:
617.292.7575
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