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 arranged by EagleBridge Principals Brian Sheehan and Ted Sidel who stated that the loan 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 it’s network of relationships with capital sources extend throughout the United States, internationally and includes more than 500 different firms consisting of Banks, Life Companies, CMBS, Fund Advisors, Agency, Finance Companies, Private Lenders & JV Equity providers. As a single point of contact, EagleBridge Capital navigate’s this ever-changing landscape of capital sources, market conditions and regulations on behalf of each client to advise, facilitate and deliver the most competitive terms available within the marketplace.
EagleBridge Capital is a Member of CRECA (Commercial Real Estate Capital Advisors). CRECA is network of 8 independently owned CRE Finance firms with market coverage in Florida/Southeast, Portland, Oregon / Northwest, Chicago, Nashville, Ohio, Northern Virginia/DC, & Virginia/Carolinas. For EagleBridge clients’ operating in these markets or seeking new acquisitions, we are now pleased to be able to provide a local presence and reliable access to local expertise.