Real Estate Journal — New Jersey — March 15 - 28, 2019 — 1B
www.marejournal.com
M id A tlantic
Multi-Strategy Debt Platform
Institutional Loans Core+
Intermediate-Term Whole Loans Value-add
Short-Term Bridge Loans Opportunistic
LOAN AMOUNTS $15MM to $75MM
LOAN AMOUNTS $10MM to $40MM
LOAN AMOUNTS $5MM to $40MM
TERM (YEARS) 3+1+1 or 4+1
TERM (YEARS) 2+1 or 2+1+1 or 3+1+1
TERM (YEARS) 1 + 6-Months or 1 + 1
INTEREST RATES 1-Month LIBOR + 290-350bps
INTEREST RATES 1-Month LIBOR + 325-500bps
INTEREST RATES 1-Month LIBOR + 575-700bps
DESCRIPTION Larger loan sizes for institutional-quality properties with near-stabilized cash flow profiles
DESCRIPTION Floating rate whole loans for experienced sponsors acquiring or recapitalizing transitional properties through future-funded CapEx, TIs and LCs
DESCRIPTION Special situations, quick-closings, NPL/REO auction acquisitions, DPOs or "heavy-lift" CapEx projects
RECENT TRANSACTIONS
$28,539,229 ACQUISITION Office + Retail | Los Angeles, CA
$13,000,000 ACQUISITION Retail | Chicago, IL
$35,800,000 REFINANCE Office | Dallas, TX
$17,000,000 REFINANCE Hospitality | Miami, FL
$15,000,000 ACQUISITION Multifamily | Brooklyn, NY
$32,217,000 REFINANCE Office | Falls Church, VA
$33,220,000 NOTE-ON-NOTE Office | Louisville, KY
$9,850,000 RECAPITALIZATION Data Center | Atlanta, GA
WWW.THOROFARECAPITAL.COM | 213.873.4000 | DEALS@THOROFARECAPITAL.COM
Thorofare Capital LLC – Loans made pursuant to California Finance Lender License. Thorofare Capital, Inc. – Real Estate Broker – CA Department of Real Estate – License #01891676. This communication is for informational purposes only and intended for our non-advisory loan origination and servicing clients only. As such, nothing herein is an offer or solicitation for the purchase or sale of any security.
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