
Overview
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.
Investment Profile
| Location | Philadelphia, PA |
|---|---|
| Property Type | Multifamily |
| Loan Type | Preferred Equity |
| Size | 576 Units |
Investment Amount
$27.5M
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.