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.
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