Boston, MA–EagleBridge Capital, has arranged mortgage refinancing in the amount of $10,850,000 for the Hampton Inn located in Auburn, Massachusetts.
The mortgage financing was arranged by EagleBridge principal Ted. M. Sidel who stated that the loan was provided by a national commercial mortgage lender and featured a fixed rate, 10 year term, and 30 year amortization.
The beautifully landscaped hotel contains 82 room and overlooks Dark Pond Reservoir. The well-appointed rooms contain king or double queen beds, a microwave, refrigerator, coffeemaker, and high speed internet. Additional amenities include a large heated indoor pool, hot tub, fitness room, meeting room, and a business center, guest laundry, as well as a complimentary hot breakfast bar.
The Hampton Inn is located at 736 Southbridge Street (Route 12) in close proximity to the Massachusetts Turnpike (Route I-90), Route I-290, and Route I-395. The hotel is within 7 miles of downtown Worcester.
Mr. Sidel stated, “Our lender was extremely impressed with the high quality of the facility and its management which pays close attention to the smallest details to ensure a pleasant stay for the guests of the hotel.”
EagleBridge Capital is a Boston-based mortgage banking firm specializing in arranging debt and equity financing as well as joint ventures for apartment, industrial, office, flex, and r & d buildings, shopping centers, hotels, condominiums, and mixed-use properties as well as special purpose buildings.
