In the news. Around the nation.

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.

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

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.

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.

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.

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.

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.

The floating rate, short term $20 million construction-completion loan was obtained by an affiliate of Phoenix-based 1784 Capital Holdings. Life Storage (NYSE: LSI) will manage the day-to-day operations upon the project’s impending completion.

JLL worked on behalf of a joint venture, between George Urban Properties and Long Wharf Capital, to secure the three-year bridge loan from debt fund operator Thorofare Capital.