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EagleBridge Capital Facilitates $3.9M Acquisition Loan For Grove St. Apartment Property In Beacon Hill, Boston

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FINANCED
$3,900,000

Massachusetts

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MultiFamily
Financed
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FINANCED

EagleBridge Capital Facilitates $3.9M Acquisition Loan For Grove St. Apartment Property In Beacon Hill, Boston

35 Grove St Boston, MA 02114, USA

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MultiFamily
Financed
the dealplayerscompscontact
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Summary

MASSACHUSETTS
Asset Type:MultiFamily
Transaction Type:Loan

EagleBridge Capital has facilitated a $3.9 million acquisition/permanent mortgage financing deal for a multi-family property located at 35 Grove Street in Beacon Hill, Boston. The property consists of 5 units and is situated in one of Boston's oldest residential communities.

Summary of transaction details

  • Property Type: MultiFamily
  • Transaction Amount: $3,900,000
  • Address: 35 Grove Street, Boston, MA
  • Market: Boston, MA
  • Units: 5

Ted Sidel from EagleBridge Capital served as the broker for this deal. The acquisition financing provided by EagleBridge Capital will enable the buyer to acquire and secure ownership of the apartment property at 35 Grove Street in Beacon Hill, Boston. This transaction represents a significant investment opportunity in one of Boston's historic neighborhoods.

Players

Ted Sidel
EagleBridge Capital
Ted Sidel
17 deals$229.7M volume
BROKER

Details

FINANCED
IMAGE: Ted Sidel DATE: 07/14/2023 ADDRESS: 35 Grove Street MARKET: Boston, MA ASSET TYPE: MultiFamily ~ UNITS: 5 BROKER: Ted Sidel - EagleBridge Capital LOAN AMOUNT: $3,900,000 LOAN TYPE: Acquisition NOTE: EagleBridge Capital has facilitated a $3.9 million acquisition/permanent mortgage financing deal for an apartment property situated on Grove St. in Beacon Hill, one of Boston's oldest residential communities.

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$3,900,000.00

Monthly NOI$26,000.00
Monthly Debt Service$24,650.65
Change in Cash Flow$0.00
Refinance Proceeds$0.00