Sheehan and Sidel of EagleBridge Capital arranges $9.5 million mortgage financing

Brian Sheehan, EagleBridge Capital

Ted Sidel, EagleBridge Capital

Allston, MA EagleBridge Capital has arranged permanent mortgage financing in the amount of $9.5 million for 8-12-16 Harvard Terrace. The mortgage financing was arranged by EagleBridge principals Brian Sheehan and Ted Sidel who said that the loan was provided by a major commercial bank.

8-12-16 Harvard Terrace - Allston, MA

The apartment complex is composed of three attached apartment buildings which were renovated this year and are 100% leased. The buildings contain a total of 24 apartments composed of 18 three-bedroom/two bath units and 6 two-bedroom/one bath units. The units feature luxury finishes with hardwood floors and fully equipped kitchens with stainless steel appliances, granite countertops, and contemporary cabinetry.

Each unit has a private balcony or patio.

Located on a quiet street in Allston Village, 8-12-16 Harvard Terrace is within easy walking distance of area shops, cafes, restaurants, and pubs and is within close proximity to downtown Boston, the Longwood Medical area, and Cambridge. The location of the complex offers easy access to public transportation as well as the Massachusetts Turnpike which is less than five minutes away.

EagleBridge Capital is a Boston-based mortgage banking firm specializing in arranging debt and equity financing as well as joint ventures for apartment, industrial, office, and r & d buildings, shopping centers, hotels, condominiums and mixed use properties as well as special purpose buildings.