Thorofare raises $400m for value-add opportunities

Los Angeles-based alternative investment firm Thorofare Capital has raised $400m for a new investment vehicle that will write floating-rate senior loans on value-add opportunities. The program will focus on $5m-$25m senior loans with average durations between two and five years, with rates starting at 5.5% at LTVs up to 75%. In addition to opportunities across the multifamily, […]