Boston, MA: EagleBridge Capital, is pleased to announce that it has arranged mortgage financing in the amount of $9,500,000 for a 24 unit luxury apartment complex located in Allston, MA.
The mortgage financing was provided by a regional bank. Recently gut-renovated, the property was fully pre-leased before construction was completed. The long term fixed rate carried an interest rate in the mid 3% range.
EagleBridge Capital specializes in Debt and JV-Equity placement for all asset classes of commercial real estate. The firm’s Principals have more than 40 years of experience within the industry and a network of more than 850 capital sources which extend throughout the United States and internationally. The firm’s capital sources include Banks, Life Companies, Debt Funds, CMBS, Advisors, Agency, Finance Companies, Private Lenders & JV Equity providers. As a single point of contact, EagleBridge Capital navigates this ever-changing landscape of capital sources on behalf of its clients to advise, facilitate and deliver the most competitive financing terms available within the marketplace.
EagleBridge Capital is a Member of CRECA (Commercial Real Estate Capital Advisors). CRECA is a network of independently owned CRE Finance firms with an average annual production volume of $1.0 Billion +.