Torchlight Investors announces the closing of a $31.4 million preferred equity investment in a 1,212-unit multifamily property in Middle River, Maryland, a waterfront suburb northeast of downtown Baltimore. The investment marks Torchlight’s second preferred equity transaction with this sponsor.
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.
