News: Financial Digest
Posted: August 11, 2023
Walsh of EagleBridge Capital arranges $15 million financing
for 31 property multifamily portfolio
Boston, MA EagleBridge Capital has arranged permanent mortgage financing in the amount of $15 million for a diverse multifamily portfolio located in Southern New England.
The mortgage financing was arranged by EagleBridge director Brian Walsh who stated that the loan was provided by a leading thrift institution.
The portfolio is composed of 31 properties located in 42 buildings containing 213 rental units. The portfolio is made up of studio, one-bedroom, two-bedroom, three-bedroom, and four-bedroom units. Renovated units feature luxury vinyl tile floors, wood cabinets, laminated countertops, baseboard heat, and stainless-steel appliances.
Walsh said, “We were very pleased to meet the client’s requirements on a very complex multi-faceted loan.”
Tags:
Financial Digest
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.
Columns and Thought Leadership
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
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.
