Sidel and Sheehan of Eaglebridge Capital arrange $940,000 financing

April 12, 2012 - Financial Digest
EagleBridge Capital has arranged acquisition/permanent mortgage financing in the amount of $940,000 for 183 Strathmore Rd. The mortgage financing was arranged by EagleBridge principals Brian Sheehan and Ted Sidel who stated that the loan was provided by a leading Massachusetts financial institution. Sheehan and Sidel said, "We are pleased to have been able to respond to our client's needs within a rapid time frame by arranging 80% long term fixed rate mortgage financing with a thirty year amortization and an initial rate under 4%." 183 Strathmore Rd. is a recently renovated three story brick apartment building located in the Cleveland Circle area. Each floor contains a 1,750 s/f apartment. Each apartment has four bedrooms and two baths. Stores, restaurants, transportation, and schools are within easy walking distance. EagleBridge Capital is a Boston-based mortgage banking firm specializing in arranging debt and equity financing as well as joint ventures for industrial, office, and r & d buildings, shopping centers, apartments, hotels, condominiums and mixed use properties as well as special purpose buildings.

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