Sidel and Sheehan of EagleBridge Capital arranges $3.456 million for condo construction

EagleBridge Capital has arranged a total of $3.45 million in mortgage acquisition/construction financing for two units located in the city, working exclusively on behalf of its client, Neelon Properties. EagleBridge principals Ted Sidel and Brian Sheehan arranged a $1.8 million mortgage for a unit located at 193 Beacon St. plus a $1.656 million mortgage for a unit located at 71 Marlborough St. in the city's Back Bay neighborhood. The lender was a leading financial institution. The Beacon St. property is a two-story, 2,062 s/f unit with two bedrooms, two and one half-baths, hardwood floors, high ceilings, a patio, and a garage on top of which is a landscaped terrace. Both the garage and terrace are accessible from the unit. The 71 Marlborough St. unit is a two-story, 1,753 s/f duplex with three bedrooms, one and one-half baths, hardwood floors, and high ceilings. There are two parking spaces. The interiors of both the Beacon St. unit and the Marlborough St. unit are being reconfigured and fully renovated to the highest standards of quality. EagleBridge Capital is a Boston-based mortgage banking firm specializing in arranging debt and equity financing as well as joint ventures for apartment, office, industrial, r & d buildings, hotels, condominium buildings and mixed use properties as well as special purpose buildings.