News: Financial Digest

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.” 

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