In the news. Around the nation.

  • Thorofare, Pearlmark Lend $40 Million Against Charlotte Apartments

    Thorofare Capital has provided $30 million of senior financing, while Pearlmark has provided $10 million of mezzanine debt to complete the second phase of the Link NoDa apartment complex in Charlotte, N.C.

  • Thorofare Funds $30 Million for Link NoDa Phase II in Charlotte

    Thorofare Capital originated a $30 million construction-completion loan, while Pearlmark provided $10 million in mezzanine debt with the assistance of CBRE representing Grubb Properties.

  • Thorofare Funds $24.7 Million Bridge Loan for Philadelphia Multifamily

    Palladium Group has secured $24.7 million from Thorofare Capital Inc. for the refinancing of Corner 2nd Apartments, a 71-unit luxury multifamily community, with 10,000 SF of ground floor retail, in Philadelphia’s Fishtown submarket. Institutional Property Advisors represented the borrower.

  • Thorofare Funds $26 Million Bridge Loan for San Diego Multifamily

    Thorofare Capital Inc. has provided a $26 million loan for the refinancing and lease-up of Chapman Place Apartments, an 82-unit luxury multifamily community in San Diego. Capital Partners Inc. arranged the transaction for the borrower, Chapman Place LLC.

  • Thorofare Lends $25M on Chapel Hill Life Sciences Development

    Grubb Properties has nabbed a $25 million loan for the lease-up of a mixed-use life sciences asset across from the University of North Carolina– Chapel Hill campus. The loan was arranged by Cooper Horowitz.

  • Thorofare Lends $54M on Chicago-Area Data Center Portfolio

    The two properties, at 711 North Edgewood Avenue and 341 Haynes Drive in Wood Dale, Ill., have a combined 193,395 square feet and a total capacity of 4,801 kilowatts. Both are operated by Element Critical, a wholly owned subsidiary of Safanad.

  • Thorofare Scales Growth With Three Hires

    Thorofare’s national growth as a commercial real estate lender has taken a step forward with the addition of three new senior investment professionals in the Miami, Los Angeles and Charlotte markets, Commercial Observer can first report.

  • Thorofare Funds $14.5 Million Acquisition Loan for Industrial Warehouse Facility

    Walker & Dulop arranged the financing for a joint venture between Greenmont Group and Tryperion Holdings to acquire Ella Grasso, a 450,000 SF industrial property located across from Bradley International Airport.

  • Thorofare Funds $52 Million Bridge Loan for Luxury Rentals in Atlanta

    McKinley Homes obtained senior mortgage financing that will be used to refinance and lease 142 rentals at Seven88 West Midtown. Meridian Capital Group arranged the loan with debt fund operator Thorofare Capital.

  • Thorofare Funds $36 Million Acquisition Loan for Long Island Industrial

    A joint venture between Thor Equities Group and Reinsurance Group of the Americans obtained $35.62 million in financing from debt fund manager Thorofare. Iron Hound arranged the purchase and renovation loan for the four-building, 189,000 SF industrial and distribution complex located on Carlls Path Road in Suffolk County, Long Island.