Torchlight makes mezz investment in office portfolio

Torchlight Investors has provided an $11m mezzanine loan facility to underpin the acquisition of an office portfolio in New York state.

Torchlight investing from its Torchlight Debt Opportunity Fund IV, its seventh opportunistic  vehicle targeting commercial real estate debt investments.

The portfolio comprises the Crossroads Corporate Center and the Crossroads Executive Center, both of which are located in New York state. In total the 13 buildings cover more than 397,000 square feet.

Share this