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EagleBridge Capital Arranges $12.6M Loan for Apartment Building in Rhode Island

95-Lofts-Providence-RI

Located at 95 Chestnut St. in Providence, R.I., 95 Lofts features 59 apartment units and 2,500 square feet of ground-floor commercial space.

PROVIDENCE, R.I. — EagleBridge Capital has arranged $12.6 million in financing for 95 Lofts, a 59-unit apartment building located at 95 Chestnut St. in downtown Providence. Brian Sheehan and Ted Sidel of EagleBridge secured the loan, provided by a Massachusetts financial institution, for the undisclosed borrower. The property is a six-story, 58,500-square-foot residential building featuring 33 one-bedroom units, 17 two-bedroom units and nine studio units, as well as 2,500 square feet of ground-floor commercial space.

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