Sidel and Sheehan of EagleBridge arrange $6m acquisition financing

Brian Sheehan and Ted Sidel of EagleBridge Capital have arranged mortgage financing for the acquisition of 212 Stuart St., a three-story office building located in the heart of Boston's Midtown submarket. EagleBridge arranged the financing with a leading national commercial bank. The loan covered 92% of the purchase price. 212 Stuart St. is situated in the Park Sq. area and borders the Bay Village residential area. Located nearby are a number of condominiums, office buildings, restaurants, retailers, hotels, and parking garages. The theater district, public gardens, Boston commons, Copley Sq., and the Newbury St./Boylston St. shopping area are all within a few blocks distance. Sidel and Sheehan said, "EagleBridge was pleased to arrange financing for the acquisition of the property at full dollars and within a very tight time frame allowing the borrower to close on the purchase on the scheduled date."