Andover Capital Markets, LLC

Funded Loans

The loan information contained herein has been given to us by the owner of the property or other sources we deem reliable; we have no reason to doubt its accuracy, but we do not guarantee it. All information should be verified prior to making any financing decisions.

Multifamily Residential Property

Summary:

Multifamily Residential Building

  • Refinanced with one unit vacant and low appraisal.
  • Cash out for unit renovations.

Industrial Office Park

Summary:

Multiple Industrial / Office Flex

  • 45,000 SF +/- project.
  • Multiple tenants with varying lease expirations.
  • Cash out.
  • Line of credit to fund future tenant improvements.
Commercial Loan We Funded: Medical Building With Solar Array

Medical Building With Solar Array

Summary:

Single Tenant Medical Building With Income Producing Solar Array

  • Long-term financing with less than 12 months on lease.
    Structured loan so landlord could fund improvements to renew tenant.
  • Rooftop solar array including in financing package. Used solar array to diversify income and demonstrate reduced risk to financing institutions to help justify a lower rate.
Commercial Loan We Funded: Office Park

Office Park

Summary:

Multi-Unit, Multi-Tenant Office Building

  • Multiple tenants with varying lease expirations.
  • $2 million +/- rehab loan for fitup for major medical tenant.
Commercial Loan We Funded: Multi-Tenant Office Condo

Multi-Tenant Office Condo

Summary:

Multiple Industrial / Office Flex

 

  • Provided long-term, non-recourse financing with cash out.
  • Extensive fitup completed for new Tenant with cash out funding.
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Commercial Office Park

Summary:

Two-building office park

  • Multiple tenants with varying lease expirations.
  • Provided long-term financing for stabilized asset.