Thorofare Capital is a private equity fund management firm which specializes in short-term, first mortgage financing for all commercial property types...including hotels, shopping centers, self-storage, multi-family and others. We are a direct, balance sheet lender with discretionary capital for investment.
We can analyze, underwrite, structure and close transactions in as little as five business days. Our average turnaround is about 10 business days. Minimum transaction size is $1 million and maximum capacity per transaction is $25 million.
Thorofare Capital, Inc.
601 S. Figueroa Street, Suite 2050
Los Angeles, CA 90017
CA BRE License: 01868648
Size: $1M to $25M
Location: United States only
Max. LTV: 68% (Can go to 85% with B-piece)
Max. LTC: 90%
Recourse: No, with cashflow lockbox provisions
Term: 1-3 years
Interest Rate: 8.95% - 12.5% fixed, interest-only
Loan Origination Fee: 1.95% - 2.95%
Can close in as little as 5 days.