Torchlight Investors announces the closing of an $18.0 million preferred equity investment in a Class A, 256-unit multifamily property featuring a full suite of modern amenities. The property is located in Lombard, Illinois, a commutable suburb of Chicago with convenient access to major employment centers and mass transit.
Torchlight Investors is a leading investment manager specializing in commercial real estate debt, offering institutional clients access to private and public market investment strategies. Since 1995, Torchlight has managed over $30 billion in commercial real estate debt investments across the credit spectrum.
