
EagleBridge Capital Arranges $21M Financing for 43-Property Workforce Portfolio
Boston, MA-based EagleBridge Capital has arranged $21 million in permanent mortgage financing for a 43-property multifamily portfolio located throughout Southern New England.
The mortgage financing was arranged by EagleBridge Capital director Brian Walsh who stated that the “complex, multifaceted loan was provided by a leading thrift institution.”
The workforce housing portfolio is made up of 340 rental units located in 43 properties ranging in size from 5 to 27 units, with apartments ranging from studio to four-bedroom. The portfolio is made up of studio, one-, 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.
EagleBridge Capital is a mortgage banking firm specializing in arranging debt and equity financing as well as joint ventures for apartment, industrial, office, R&D buildings, shopping centers, hotels, condominiums and mixed-use properties as well as special purpose buildings.
- ◦Financing