
Overview
Torchlight Investors announces the closing of a $19.8 million preferred equity investment in a 300-unit, Class A multifamily property located in Westfield, Indiana, a high growth suburb approximately 20 miles north of downtown Indianapolis. The collateral offers a comprehensive amenity package, including a clubhouse, outdoor swimming pool, and fitness center, and benefits from convenient access to major highways and employment centers.
Investment Profile
| Location | Westfield, IN |
|---|---|
| Property Type | Multifamily |
| Loan Type | Preferred Equity |
| Size | 300 |
Investment Amount
$19.8M
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.