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News:
Finance
Posted: February 14, 2025
Sidel of EagleBridge Capital arranges
$10.85 million refinancing for Hampton Inn
Auburn, MA EagleBridge Capital, has arranged mortgage refinancing in the amount of $10.85 million for the Hampton Inn. The mortgage financing was arranged by EagleBridge principal Ted Sidel who stated that the loan was provided by a national commercial mortgage lender and featured a fixed rate, 10-year term, and 30-year amortization.
The beautifully landscaped hotel contains 82 rooms and overlooks Dark Pond Reservoir. The well-appointed rooms contain king or double queen beds, a microwave, refrigerator, coffeemaker, and high speed internet. Additional amenities include a heated indoor pool, hot tub, fitness room, meeting room, and a business center, guest laundry, as well as a complimentary hot breakfast bar.
The Hampton Inn is located at 736 Southbridge St. (Rte. 12) in close proximity to the Massachusetts Turnpike (Rte. I-90), Rte. I-290, and Rte. I-395. The hotel is within seven miles of downtown Worcester.
Sidel said, “Our lender was extremely impressed with the high quality of the facility and its management which pays close attention to the smallest details to ensure a pleasant stay for the guests of the hotel.”
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Finance
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