Land Acquisition & Construction
Endeavor and Capital Trust, bridge-financing lenders in Massachusetts, have merged to form Endeavor Capital. The merger establishes Endeavor Capital as the most active alternative-financing real estate lender in the New England area with offices in Boston, MA and Dedham, MA. We are extremely excited about bringing together both the financial and human capital strengths of our two companies after several years of participating together in funding numerous special situation loan transactions under extraordinary economic conditions. Our principals, Chris Anderson, Kurt Stenhouse and Tony Borghi have over 55 years of combined experience in various aspects of the real estate industry.
Endeavor Capital provides the financing required to push the deal across the goal line and ultimately allows an investor to execute his business plan. Unlike banks or other more conventional lenders that have strict guidelines, Endeavor Capital typically will commit to close a special situation transaction within a few days since the loan is entirely based on the strength of the subject collateral versus the financial condition of the borrower. And, although we are lenders and not equity participants, we strongly believe that our years of experience can provide our clients with an unparalleled amount of expertise in successfully implementing their vision.
The merger of Endeavor and Capital Trust creates a much larger, diverse team of industry experts that will be required over the coming years to continue to provide private capital to finance and service the increasing volume of special situation loan requests in the ever-changing landscape of real estate financing.