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.