Boston Andes Capital

Boston Andes Capital puts private equity money into property and then runs those assets to raise their value. The firm is headquartered in Boston, Massachusetts, and also has activity in some other US markets and in Latin America. Most of its holdings sit in Massachusetts, Rhode Island and Maryland.

Products and services

• Real estate investment: buys a mix of property types, favouring markets with an educated workforce, low unemployment, growth and limited new supply.
• Asset management: improves owned buildings and works to lift net operating income.
• Development: takes on new projects, with Paragon Dunes, The Benjamin and The Beck listed on its site.
• Consulting: advises on real estate as a separate line of work.

Customers and markets

The firm invests on its own account and through its partners, with a focus on multifamily housing such as an apartment building in Haverhill, Massachusetts. Its stated approach is value-oriented and flexible, weighing protection against losses as heavily as the chance of gains.

Key facts

• Based in: Boston, Massachusetts, USA
• Founded: 2002
• Main markets: Massachusetts, Rhode Island and Maryland
• Other activity: selected US and Latin American markets