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Finance
Posted: June 10, 2009
sidel and sheehan OF Eaglebridge arranges $750,000 financing for Dollar General
EagleBridge Capital has arranged construction and permanent mortgage financing in the amount of $750,000 for the new Dollar General store.
The mortgage financing was arranged by EagleBridge principals Ted Sidel and Brian Sheehan who stated that the loan was provided by a multi-state commercial bank.
The Dollar General is located at 111 East Park Place (Rte. 4A/22A) across from the historic village green. The Dollar General building is a 9950 s/f single tenant retail building which was formerly occupied by a Ben Franklin store and which is being fully renovated.
Sidel and Sheehan said, "This is the second Dollar General located in Vermont for which EagleBridge has arranged financing. We are pleased that EagleBridge was able to structure the mortgage to proved both construction and permanent financing."
Dollar General operates over 8,400 stores in 35 states offering national branded items that are frequently used and replenished such as food, snacks, health and beauty aids, cleaning supplies, basic apparel, and housewares at everyday low prices.
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Finance
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