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.