The goal was listed on a regulatory filing with the Securities and Exchange Commission on October 7, 2015.
Led by Gary J. Kovner, Managing Partner, Fenway Capital Partners develops new or rehabilitates old residential and commercial properties for rental or for sale. The firm is focused on Single & Multi-tenant investment opportunities nationally typically making investments in the $5 million to $20 million range.
They are currently exploring a number of projects in Massachusetts and Florida in cities including Boston, Salem, Quincy, Brockton, Lynn, Malden, Revere, Saugus, Chelsea, Peabody, Lynnfield, Beverly, Swampscott, and Marblehead, MA; Daytona Beach, New Smyrna Beach, and Ormond Beach, FL.
The objective is to earn an 8 to 10 percent average annual return on its investment activities.
FinSMEs
05/11/2015