Thorofare Capital Funds $13 Million Short-Term Bridge Loan for recently Converted Senior Housing Asset in Phoenix
The structured loan repays the borrower’s construction loan and funds reserves while the facility continues its stabilization Los Angeles, CA & Phoenix, AZ — Thorofare Capital, which is expanding its Senior Housing bridge-to-agency lending program, has funded a $13 million short-term bridge loan for the refinance and renovation of Park Terrace at Gateway (Park Terrace), …