Brooklyn, NY

Overview

Torchlight Investors announces the closing of a $112.5 million investment, comprised of an $80.0 million senior loan and a $32.5 million mezzanine loan, secured by a full service, boutique hotel located in Brooklyn, NY. The 287-key contemporary hotel, situated in the Boerum Hill neighborhood, represents a ground-up development that formally commenced operations in July 2021. The property features two restaurants, a fitness center, an expansive lobby with a cocktail bar, and three retail outlets.

Investment Profile

Location	Brooklyn, NY
Property Type	Lodging
Loan Type	Senior Loan, Mezzanine Loan
Size	287-key

Investment Amount

$112.5M

Year of Investment

2026

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.