Lending
Experienced, Flexible, Responsive
Torchlight delivers customized financing solutions across the commercial real estate capital stack, structured to fit borrower needs. We have 30 years of experience as a national lending platform providing senior bridge loans, stretch seniors, mezzanine loans, and preferred equity secured by diversified property types.
Who we serve:
- Sponsors and developers seeking bridge, stabilization, or mezzanine capital
- Investment firms and funds looking for flexible, agile debt structures
- Distressed borrowers requiring DIP financing and workout flexibility
Recent Transactions
Disclaimer: The transactions described herein are provided for illustrative purposes only. The above are examples of recent transactions made by Torchlight on behalf of its clients, may only represent a small portion of such client’s portfolio, and are intended solely to demonstrate the types of investments and strategies pursued by Torchlight. The descriptions of the transactions represent a summary and not all material details. It should not be assumed that any investments identified were or will be profitable. There can be no assurance that future investments will be comparable in terms of structure, strategy, or results.
Why Choose Torchlight Lending
Speed and Scalability
From asset valuation to closing, our streamlined underwriting delivers rapid execution.
National Reach
We lend across multifamily, industrial, retail, hospitality, self-storage, and office across US markets.
Knowledge and Experience
With over $30 billion+ deployed over 1000+ deals since the firm’s inception in 1995, we have the expertise and know-how to meet borrower needs.
Transaction Guidelines
- Available across all U.S. markets and major property types
- Non‑recourse structures for appropriate risk allocation
- Rapid underwriting processes geared for swift closings
- Opportunistic and value-add focus with disciplined underwriting
- Excluded deal types: Construction/development, raw land, and single-family residential assets
Lending Solutions
Financing for acquisitions, refinancings, and recapitalizations for value add and opportunistic properties across the United States.
Senior Loans
Integrated structures combining senior and subordinate financing for streamlined execution.
- 3-5 years bridge loans
- Minimum $50 million investment
- Floating rate
- Leverage up to 90% LTC (of total budget)
- Non-recourse structures
Subordinate Debt & Preferred Equity
Capital solutions that provide flexible leverage for value add and opportunistic assets.
- 3-5 year loan terms (co-terminus with senior loans)
- Mezzanine loans, preferred equity, and B Notes
- Minimum $25 million investment
- Fixed or floating rate
- Leverage up to 95% LTC (of total budget)
- Non-recourse structures
- Accrual (PIK) available
- Lower preferred hurdles with participating waterfall structures available
Senior & Subordinate “One Stop Shop”
Integrated structures combining senior and subordinate financing for streamlined execution.
- Senior loan available only in combination with subordinate financing
- Leverage up to 70–75% LTV/LTC
- Floating rate structures
- 3-5 year loan terms
- Flexible prepayment provisions
- Mezzanine loan/preferred equity criteria same as Subordinate Debt & Preferred Equity program above
Debt Acquisitions
Strategic purchases of single loans or portfolios, including distressed positions.
- Non-performing and sub-performing loans
- Single loans and loan portfolios
- $20 million minimum investment size
Joint-Venture Equity
Select, opportunistic equity partnerships with strong sponsors and high-potential projects.
- Invested on a limited basis for exceptional opportunities
How We Operate
Basis-Centric Underwriting
We only invest when pricing reflects true opportunity, not market hype (emphasizing acute, disciplined originations).
Integrated Risk Lens
Decisions grounded in both macro market cycles and loan-level fundamentals.
Flexible Structuring
Nimble deployments across the capital stack to match borrower needs and investor safeguard.
Trusted Execution
Leveraging proprietary valuation tools and fast-track due diligence to close quickly and transparently.