Torchlight Investors announces the closing of a $27.5 million preferred equity investment in a 576-unit multifamily property in Philadelphia, Pennsylvania. Located in the heart of Philadelphia’s Logan Square neighborhood, the property features a market-leading amenities package and offers convenient access to nearby universities, hospitals, and employments centers.
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.
