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Boston & New England  + Metro Boston  + Finance  |  June 21, 2019
David Cohen
By: David Cohen

EagleBridge Arranges Refi for Residential Portfolio in Metro Boston

Boston-based mortgage banking firm EagleBridge Capital arranged a $9.4 million loan to refinance a residential rental portfolio of single and multifamily homes in Metro Boston. The borrower was undisclosed.

The 25-unit portfolio includes 18 multifamily, four single-family and three residential condominium units, located in Cambridge, Somerville, Medford, Malden, Watertown, Brighton, Jamaica Plain, and West Roxbury.

Ted Sidel of EagleBridge secured financing on behalf of the borrower through a leading Massachusetts financial institution. Terms of the loan included a fixed rate with an interest only period, as well as a 20-year term with a 35- year amortization schedule.

For comments, questions or concerns, please contact David Cohen

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.
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