News: Financial Digest

Sidel of EagleBridge Capital arranges $2.66 million financing

South Boston, MA EagleBridge Capital, working exclusively on behalf of its client, has arranged acquisition/permanent financing in the amount of $2.66 million for 471 West Broadway in South Boston.

The financing was arranged by EagleBridge principal Ted Sidel who stated that the aquisition/permanent mortgage was provided by a leading regional bank.

471 West Broadway is a four-story mixed-use building completely renovated in 2018. The street level is leased to T-Mobile. Each of the three upper floors contain a large three-bedroom apartment unit. The apartments offer contemporary finishes including hardwood floors. Kitchens feature Energy Star rated stainless steel appliances including a gas range/oven, built in microwave, refrigerator, modern cabinetry, and granite countertops. Each apartment also contains a washing machine and dryer.

The building is located at the intersection of West Broadway, East Broadway, and Dorchester St. in a vibrant area of stores, restaurants, banks, and apartment buildings. The Broadway bus stop is located in front of the building. The Broadway Red Line transit station is located a short distance away.

MORE FROM Financial Digest

Preservation of Affordable Housing secures $23.5 million in financing from Rockland Trust and Citizens Bank

Cambridge, MA The nonprofit Preservation of Affordable Housing (POAH) has secured $23.5 million in financing from Rockland Trust and Citizens Bank to transform a 150-year-old, underutilized church complex into housing. The project will ultimately create 46 affordable family-sized apartments.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Conn. hospitality market: A technical appraisal perspective on market dynamics and valuation challenges (2019-2025)

Conn. hospitality market: A technical appraisal perspective on market dynamics and valuation challenges (2019-2025)

The Connecticut hospitality market has demonstrated uneven recovery patterns between 2019 and 2025, with boutique and historic properties achieving $125 RevPAR in 2025, up 8.7% from the 2019 level. Coastal resort properties achieved a $105 RevPAR in 2025, representing 10.5% growth since 2019. Casino corridor properties maintained modest growth with RevPAR improving 4.5% to $92 in 2025.
Examples of investors who used Kay Properties for legacy and estate planning purposes for rental property/portfolios - by Dwight Kay

Examples of investors who used Kay Properties for legacy and estate planning purposes for rental property/portfolios - by Dwight Kay

Preserving wealth across multiple generations requires strategic planning, foresight, and the right investment vehicles. Delaware Statutory Trusts (DSTs) offer a powerful solution for families looking to build and protect their financial legacy and to efficiently plan for their estate.