
Overview
Torchlight Investors announces the closing of an $18.0 million preferred equity investment in a Class A, 256-unit multifamily property featuring a full suite of modern amenities. The property is located in Lombard, Illinois, a commutable suburb of Chicago with convenient access to major employment centers and mass transit.
Investment Profile
| Location | Lombard, IL |
|---|---|
| Property Type | Multifamily |
| Loan Type | Preferred Equity |
| Size | 256 Units |
Investment Amount
$18M
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.