Brooklyn, NY

Overview

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.

Investment Profile

Location	Brooklyn, NY
Property Type	Multifamily
Loan Type	Construction Mortgage Loan
Size	131 Units

Investment Amount

$67M

Year of Investment

2025

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.