In the news. Around the nation.
Los Angeles Lender Seeks Short-Term Deals Nationally
NEW YORK – RealEstateFinanceIntelligence.com has learned that Thorofare Capital, a Los Angeles-based Investment management company, is seeking opportunities to originate short term senior mortgages across the U.S. The company Invests via a series of funds with more than $100 million of committed equity and is responding to the significant demand for refinancing, said Kevin Miller, managing member. “We feel the product we are offering is needed,” he added…
Thorofare Corralling Capital For Debt Fund
A lending shop is making progress towards its goal of raising $250 million of capital for its second debt fund.
Thorofare Funds $8,550,000 Bridge Loan To Refi Sheraton
SAN DIEGO – GlobeSt.com has exclusively learned that Thorofare Capital Inc. has provided an $8.55 million senior bridge loan to refinance the Four Points by Sheraton San Diego, an affiliate property of Starwood Hotels and Resorts franchise. The loan was utilized to pay off an existing mortgage, which was acquired from a regional bank in a loan-portfolio transaction involving Deutsche Bank…