
Overview
Torchlight Investors announces the closing of a $23.2 million preferred equity investment on a 461-unit multifamily property in Downey, California. Located just south of Downtown Los Angeles, the property features a swimming pool, fitness center, and two pet parks.
Investment Profile
| Location | Downey, CA |
|---|---|
| Property Type | Multifamily |
| Loan Type | Preferred Equity |
| Size | 461 Units |
Investment Amount
$23.2M
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.