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  • Callodine Group Announces Acquisition of Thorofare Capital

    Callodine Group, an asset management firm focused on yield-oriented investment strategies, today announced that it has entered into a definitive agreement to acquire a majority stake in Thorofare Capital, Inc.

  • Thorofare to Open Second HQ in Miami

    An executive with the Los Angeles-based firm called Miami a natural fit for the company’s expansion into the Southeast.

  • Thorofare Executes $327 Million in 2020 CRE Loan Originations Amidst Choppy Market Conditions

    Thorofare Capital originated 19 debt investments totaling $327 million in capital commitments for 2020, reporting the busiest fourth quarter in the bridge lender’s 10-year history.

  • Gundlach’s DoubleLine Teams With Thorofare On Bridge Loans

    DoubleLine Capital, announced that it is teaming up with fellow downtown firm Thorofare Capital in a move that will give DoubleLine’s investors access to a new pool of short-term real estate loans. Under an exclusive arrangement, Thorofare will underwrite and originate middle-market commercial real estate loans – with terms of between two and five years – that it will then sell to DoubleLine.

  • 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.

  • Thorofare Funds $27 Million Bridge Loan for New Jersey Industrial Facility

    The financing provided by debt fund operator Thorofare is secured by Thor Equities’ 24 River Road industrial property in Bogota, N.J., which it acquired for $50 million last year from Skybrook Capital.

  • Thorofare Funds $41.46 Million Life Science Conversion Loan in Sorrento Mesa

    King Street Properties, based in Boston, has made its first foray into the San Diego life science real estate market with the acquisition of a Sorrento Mesa office building that it plans to convert to lab space.

  • Thorofare Upsizes Loan Against Fort Collins, Colo., Apartments

    Thorofare Capital has provided $44.69 million of financing against the recently completed Willow Street Residences, with 197 units in Fort Collins, Colo.

  • Thorofare Funds $34.5 Million for Le Gallerie in Greenwich Village

    JLL arranged the loan from Los Angeles-based Thorofare Capital for KPG Funds to re-develop the seven-story property at 132 West 14th Street. KPG plans to transform the office and retail office property with a new structural expansion, featuring enlarged 15-foot ceiling heights on the top two floors along with a new façade designed by Marvel Architects.

  • Thorofare Funds $28 Million Construction Loan for NuLu Yard Apartments

    The 189-unit class A multifamily property is being developed by Louisville developer Weyland Ventures in the city’s East Market area, a trendy neighborhood also referred to as the NuLu or New Louisville district.

  • Thorofare Funds $29 Million Construction Loan for 3PL Logistics Development Forward-Sale

    Cushman & Wakefield arranged a $28.5 million loan from Thorofare Capital for Treetop Companies’ development of 500 Halls Mill Road, a Class A industrial building in Freehold, N.J.

  • Thorofare Funds $585 Million Through Q2 2022

    The Los Angeles-based Callodine Group affiliate manager targets recession-resilient sectors including logistics and storage, but is also not afraid of steering away from the herd.

  • Thorofare Lends $48 Million on Houston Luxury Apartments

    Walker & Dunlop arranged the fixed rate, long-term loan, which executed through Thorofare’s Core+ program to finance the acquisition of The Hayworth Tanglewood for Versity Invest, LLC.

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