Torchlight Investors announces the closing of a $67.0 million construction mortgage loan on a multifamily property in Brooklyn, NY. Located just south of Prospect Park in the Windsor Terrace neighborhood, the property will feature 131 residential units and offer a range of amenities, including ground-floor and rooftop amenity spaces, an interior courtyard, and a 24-space below-grade parking garage. The image shown below is a rendering of the property, which is nearing completion.
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.
