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EagleBridge Arranges $1.8M Mortgage For New Southwick CVS Plaza

Dec 2, 2009 | Reprints | Unlock Link | Print

Boston mortgage banking firm EagleBridge Capital has arranged $1.8 million in acquisition and permanent mortgage financing for CVS Plaza in Southwick to be anchored by a new CVS pharmacy.

The mortgage financing was arranged by EagleBridge principals Ted M. Sidel and Brian D. Sheehan, who said the loan was provided by a leading commercial bank.

Kevin Jennings of Jennings Real Estate Services was the sole broker in the transaction and Zachary Darrow, Esq., of the law firm DarrowEverett, represented the borrower.

"We are pleased that EagleBridge was able to structure the mortgage to provide a combination acquisition and permanent mortgage at a very competitive rate," Sidel and Sheehan said in a joint statement.

Commercial & Industrial