EAGLEBRIDGE ARRANGES $12.7M LOAN FOR NORTHEAST RETAIL, OFFICE PORTFOLIO

BOSTON — EagleBridge Capital has arranged $12.7 million in permanent mortgage financing for a multi-state portfolio of retail and office buildings. The portfolio includes six retail buildings and two office buildings. The retail buildings are located in Mansfield and Attleboro, Mass.; North Windham, Conn.; North Kingston, R.I.; and North Hampton, N.H. The two office buildings are located in Lincoln, R.I. Brian Sheehan and Ted Sidel of Boston-based EagleBridge arranged the financing on behalf of the Docor Group through a financial institution. Proceeds from the loan were used to refinance the existing mortgages; cover all closing costs, including prepayment premium; and provide cash out to the borrower.