Sheehan and Sidel of EagleBridge Capital arrange $6.3 million financing

EagleBridge Capital has arranged acquisition/construction financing in the amount of $6.3 million for the Residences at St. Francis Condominiums currently under construction and located at One St. Clare Rd. The mortgage was arranged by EagleBridge principals Brian Sheehan and Ted Sidel. The Residences at St. Francis is an 18 unit condominium comprised of units ranging in size from 651 s/f for a one bedroom/one bath unit to 917 to 1453 s/f for two bedroom/two bath units to 1735 to 1835 s/f for three bedroom/three bath units. Nine of the units will be three-story townhouses with private roof decks. Finishes will be of the highest quality. Units will include granite countertops, painted solid oak custom cabinets, stainless steel appliances, hardwood floors in the living areas, and. ceramic tile in the bathrooms and kitchens. Parking shall be available for 36 vehicles. One St. Clare Rd.'s convenient location will provide its residents with an easy commute to Downtown Boston and the Greater Boston area. It is 2.5 miles from the MBTA Orange Line Wellington Station. Bus service to the station is located adjacent to the property with Downtown Boston being an 11 minute train ride from Wellington. The I-93 interchange is less than one-half mile to the North and I-95 (Rte. 128)/I93 interchange is just five mile away. EagleBridge Capital is a Boston-based mortgage banking firm specializing in arranging debt and equity financing as well as joint ventures for apartment, condominium, office, industrial, r & d buildings, hotels, and mixed use properties as well as special purpose buildings.