News: Front Section
Posted: September 15, 2009
Sidel and Sheehan of EagleBridge Capital arrange $850,000 financing
EagleBridge Capital has arranged $850,000 in mortgage financing for The Landing at Braintree located at 125-139 Commercial St.
The financing was arranged by EagleBridge principals Ted Sidel and Brian Sheehan who stated the mortgage was provided by a leading banking institution. Sidel and Sheehan said, "The borrower was able to lock in long term fixed rate financing in at favorable terms."
The Landing at Braintree is a conveniently located 12 unit frame apartment building. Occupancy is 100%. There are 3 three-bedroom units, 2 two-bedroom units, 5 one-bedroom units, and 2 studios. Each unit has its own unique floor plan. The apartments range in size from 500 s/f for one bedroom apartments to 800 s/f for two bedroom units to up to 1900 s/f units.
MORE FROM Front Section
Quick Hits
STAY CONNECTED
SIGN-UP FOR NEREJ EMAILS
Columns and Thought Leadership
Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI
Providence, RI Shawmut Design and Construction celebrated the ceremonial groundbreaking for the 195 District Park Pavilion, marking the start of construction on a facility that will feature year-round dining and support space for park operations. In addition to the 3,500 s/f building, the project will include infrastructure upgrades
The New England Real Estate Journal presents
the First Annual Project of the Year Award! Vote today!
The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
Investing in a falling rate environment - by Harrison Klein
Long-term interest rates have fallen by 100 basis points, and the market is normalizing. In December of 2022 I wrote an article about investing in a high interest rate, high inflation market. Since then, inflation has cooled off, and the Fed has begun lowering their funds rate.
The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins
The industrial markets have never been stronger. What has happened is that the build out of Devens with new high-tech biotech manufacturing with housing to service these buildings serves as the connector required to really make the I-495 West market sizzle. Worcester has been the beneficiary