Boston Harbor Holdings

Boston Harbor Holdings LLC was founded in 2009 by J. Nicholas and Spencer Slottje. Originally, BHH LLC was a commercial real estate lending firm that focused on structured financial solutions and real estate loans.

Over the last sixteen years Boston Harbor Holdings has slowly morphed into the family venture capital funding arm. Boston Harbor Holdings invests in early stage start-ups across a range of business. These portfolio companies include everything from operations data software to color changing ink technology and even craft breweries.

While BHH has become an important part of the overall investment strategy picture, our core business of commercial real estate investment and development will always remain the focus.

Loan Programs and Underwriting Criteria

SHORT TERM LOAN – INTEREST ONLY
Generally 1 to 3 years -Extension options available.

PERMENANT FINANCING
10-15 Year amortizations

MINIMUM DEBT SERVICE COVERAGE
1.25 – 1.30

SECURITY
First mortgage position on subject property and signed personal guarantee.

MAXIMUM LTV
80%

REQUIRED REPORTS
Owner Financials, Credit Report, Appraisal, Phase I Environmental

INTEREST RATE
Rates are risk adjusted based on collateral and loan structure.

ELIGIBLE PROPERTY TYPES
Apartments, Office, Retail, Hospitality or Industrial.

LENDER FEE
Origination and exit fees to be determined.