EagleBridge Capital Arranges Mortgage Financing For Rhode Island and D.C. Apartments

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BOSTON– EagleBridge Capital has arranged permanent mortgage financing totaling
$2,550,000 for apartment buildings located in Rumford, Rhode Island and Washington D.C.

The Rhode Island mortgage financing was arranged by EagleBridge principal Ted. M. Sidel and the Washington financing was arranged by EagleBridge Director Brian Walsh.

The Rumford property consists of a 16-unit apartment building comprised of eleven one-bedroom and five two-BR units on 1.5 acre site with ample off-street parking. The property is 100% occupied. It is located just off Route I-95 and within an easy walk to the bus line to nearby Providence.

The Washington D.C rental properties consist of two 4-unit Victorian townhouse apartment
buildings containing eight one and two-bedroom apartments ranging in size from 500-800 square feet and a 1000 square condominium unit in a separate building. The buildings are located in the Logan Circle Historic District and are fully occupied.