Finance Mortgage Banking
EagleBridge Capital Arranges $41M Mortgage
for Nantucket Condotel
April 1, 2008

Working exclusively on behalf of the developer, Ted Sidel and Brian Sheehan of EagleBridge Capital have arranged construction financing of $40.5 million for the Residences at Point Breeze, a luxury condominium hotel Nantucket in Massachusetts, the firm has reported. The Point Breeze will contain a mix of 32 one- and two-bedroom condominium residences and 6 cottages with floor plans up to 2,100 square feet. Prices will start at $1.3 million and will include membership in the Club at Point Breeze. The grounds will feature a meditation garden and a nature walk.

 
Recent Mortgage Banking Headlines
Corus, Lehman Bros. Make D.C. Loans
May 15, 2008
Corus Bank closed a $72 million loan to MR BP Office #1 L.L.C. to finance the construction of a nine-story Class A office building located at 55 M Street SE in Washington, D.C.
$41M Financing Deal Closes for Dallas-Area MF
May 14, 2008
A financing package valued at approximately $41 million has been put in place for the 600-unit St. Marin/Karrington Apartments complex in Coppell, Texas, about 30 miles from downtown Dallas.
NorthMarq Arranges $49M Mortgage for Point Niguel
May 13, 2008
Michael Elmore of NorthMarq Capital, Inc.’s Los Angeles Regional office, arranged first mortgage financing of $49 million for Point Niguel, a 324-unit multi-family complex, located in Laguna Niguel, Calif.
larimer $145M Construction Loan Set for Denver Tower
May 13, 2008
The Dallas office of Holliday Fenoglio Fowler L.P. has announced that it arranged a $140 million construction loan for 1800 Larimer.
Meruelo Maddux Battles Financial Woes
May 12, 2008
Ahead of releasing its first quarter 2008 financial results after the market closes tomorrow, Downtown Los Angeles landlord Meruelo Maddux Properties Inc. has been taking steps to battle debt woes and a depressed stock price.
 

 

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