After executing more than $100 million of commitments during the past six months, TPG Angelo Gordon, a diversified credit and real estate investing platform within TPG, has become an exclusive financing partner of Andover Storage Lending, a recently launched platform that seeks to originate non-recourse financing for self-storage sponsors nationally. The partnership expands TPG Angelo Gordon’s relationship with Andover Properties, a leading owner and operator of storage properties nationwide.
Andover Storage Lending provides bridge and construction financing without requiring third-party management or bank deposits. Financing is available for single assets or portfolios of any size and is available for assets across the United States. The platform combines Andover Properties’ 20-year track record of investing in self-storage facilities with TPG Angelo Gordon’s $60 billion credit platform and deep structured credit investment capabilities to originate structured financin
