Andover Real Estate Partners

Property Developer

Owner

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Andover Real Estate Partners is a privately-held real estate firm headquartered in Boca Raton, Fla., led by Managing Partner Robert Stone. Andover’s methodology is a long-term, value-oriented philosophy that applies creative and aggressive strategies to optimize investor returns for its investments. Andover focuses on identifying opportunities that are underperforming in its submarket, then repositions and rebrands these assets with a devotion to best practices in the industry. Most importantly, is its “willingness to go to any length” to create successful assets that result in successful returns. Andover targets undervalued multifamily and commercial real estate investments located in the Southeast and Midwest that can benefit from an aggressive value-add strategy. These investments have operational inefficiencies but have strong submarket underpinnings of population, employment, and income growth with high barriers to entry.

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