$59M Senior & Mezzanine Loan Secured by Mixed-Use Retail Center in Secaucus, NJ

Torchlight Investors has closed a $59.0 million structured investment, comprised of a $40.0 million senior loan and $19.0 million mezzanine loan, secured by a mixed-use retail center located in Secaucus, NJ. The property’s tenant mix includes national food and service-oriented tenants, anchored by a 14-screen theater. The center benefits from high visibility and direct access, including immediate connectivity to the New Jersey Turnpike and Route 3, two of the most heavily traveled highways in the New York metropolitan area.

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.