Boston-based EagleBridge Capital has arranged $2.84 million in mortgage acquisition/permanent financing for Clearview Apartments in Fall River, working exclusively on behalf of the borrower, TAG Fall River.

The financing was arranged by EagleBridge principals Brian D. Sheehan and Ted M. Sidel; the mortgage was provided through the Fannie Mae DUS program. Sheehan and Sidel said in a statement,  "The Fannie Mae program worked very smoothly. The borrower was able to lock in a long term non-recourse mortgage amortized over 30 years on very favorable terms." 

Clearview Apartments is a 49 unit apartment complex located at 4000 N. Main St., consisting of 42 two-bedroom units and seven one-bedroom units situated in two buildings. The complex overlooks the Taunton River and is near the Fall River Country Club.  Clearview is located just off Exit 8 of Route 24.

The borrower was represented by the law firm of DarrowEverett.