On December 12, 2013, Bluedog Capital Partners, LLC closed a loan for $1.5 million on the property located at 245 Winter Street, Weston, MA. The purchase price was $2.3 million and the borrower brought $800,000 to the close. “The total assessed value of the home is $2,586,400 making the loan-to-value equal to 58%,” said Sean N. Marchionte.
The property is located in the affluent community of Weston, Massachusetts proximate to the Mass Turnpike and Route 128. This prominent custom Colonial has beautiful cherry floors, detailed millwork and a grand entry. The open floor plan includes a gourmet kitchen, breakfast area and family room with a stone fireplace. The fabulous master suite has a fireplace and sitting room. The incredible lower level is complete with a fireplace, gym and entertainment room. The spacious and versatile third floor has a 6th bedroom and full bath. Mature landscaping, blue stone patio and sport court complete the property. The borrower is an experienced investor.
“Bluedog Capital Partners, LLC raised the capital for this investment in less than five days,” stated Sean N. Marchionte. “We are privileged to share this space with a core borrower base that has recognized opportunities present in this market and we are pleased to offer our investors attractive inflation adjusted returns and diversification.”
Founded in 2001 by Sean N. Marchionte and Richard R. Tasca, Bluedog Capital Partners, LLC is a boutique real estate investment firm located in the financial district of Providence, Rhode Island. Bluedog has built its portfolio of business through commercial real estate debt and equity investments ranging from single-family to large-scale commercial development. For more information about Bluedog Capital Partners, LLC and the company’s lending activities, please visit http://www.bluedogcap.com.
Sean N. Marchionte and Richard R. Tasca of Bluedog Capital Partners name Patsy A. Culp Marketing Director. Patsy began her career in 2007 in Corporate Communications at Delta Dental of Rhode Island. There, she developed a keen understanding of Internet based marketing. Continuing to expand her knowledge, Patsy enrolled in the New England Institute of Technology’s Graphics, Multimedia and Web Design program. With past experience in design, insurance, and technology sectors, Patsy brings a unique perspective to Bluedog Capital Partners. “She is responsible for the company’s website design and development, social media presence, client communications, and creation of all marketing and reporting materials,” said Sean N. Marchionte, Principal. “Her dedication and attention to detail have already proved to be invaluable in her position as Marketing Director.”
Sean N. Marchionte and Richard R. Tasca of Bluedog Capital Partners, LLC announced
Katelyn M. Wright as their newest hire and accountant. Katelyn earned her degree from the University of Massachusetts Dartmouth and has more than 10 years of experience in accounting. Her responsibilities include administering accounts payable and receivable, posting details of all rent and escrow deposits, reconciling balance accounts, and database management. Sean N. Marchionte recognized Katelyn’s talent right away,“it is clear that Katelyn is excited to share her passion for accounting with our organization, and has already proved to be an integral part of the team. We are thrilled to have her on board.”
Sean N. Marchionte and Richard R. Tasca of Bluedog Capital Partners, LLC (www.buledogcap.com) announced on September 20, 2012 that Denise E. Schneider joined the company as Controller. Denise, an accounting graduate of the University of Massachusetts Dartmouth, came to Bluedog from the public accounting firm of Hague, Sahady & Co. located in southeastern Massachusetts. During her tenure in public accounting, Denise was able to gain valuable experience in taxation, financial statement preparation and GAAP compliance. “Denise’s expertise, combined with her strengths in organization and insight into managing the financial needs specific to partnership entities, make her the perfect fit for controlling the financial operations of Bluedog Capital Partners,” said Sean N. Marchionte, Principal.
Bluedog Capital Partners, LLC has launched its new website: http://www.bluedogcap.com. The new site, offers quick and easy access to fundamental information about Bluedog Capital Partners, LLC, and was designed to share the company’s passion for real estate with real estate sponsors, investors, attorneys, accountants, and borrowers alike.
The website boasts a modern, simple design and is divided into three sections: real estate holdings, lending, and alternative investments. Each page is visually stimulating and provides detailed information on all three aspects of the business.
“It is time to take our web presence to the next level,” said Sean N. Marchionte, Principal of Bluedog Capital Partners, LLC, “This site reflects the thinking and efforts of the Bluedog team, as well as our commitment to being open and accessible to our investor partners.”
Bluedog Capital Partners is a boutique real estate investment firm located in the financial district of Providence, Rhode Island. Founded in 2001 by Sean N. Marchionte and Richard R. Tasca, Bluedog has built its portfolio of business through commercial real estate debt and equity investments ranging from single-family to large-scale commercial development.
The members of Bluedog Capital Partners have a combined 57 years if experience in the real estate industry as capital investors, property owners and managers. Bluedog and its members control a portfolio of assets valued in excess of $100 million.