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EagleBridge Capital Arranges $6.3M Financing For Medford Condo Conversion

Jul 22, 2014 | Reprints | Unlock Link | Print

Boston-based EagleBridge Capital has arranged $6.3 million in acquisition and construction financing for the Residences at St. Francis Condominiums currently under construction in Medford.

The Residences at St. Francis, located at One St. Clare Road, will consist of 18 condominium units, ranging in size from 651 square feet for a one-bedroom, one-bath unit to 917 to 1,453 square feet for two-bedroom, two-bath units to 1,735 to 18,35 square feet for three-bedroom, three-bath units. Nine of the units will be three-story townhouses with private roof decks.

Units will include granite countertops, painted solid oak custom cabinets, stainless steel appliances, hardwood floors in the living areas and ceramic tile in the bathrooms and kitchens. Parking will be available for 36 vehicles.

EagleBridge principals Brian Sheehan and Ted Sidel arranged the mortgage.

Commercial