iStar

  • Thorofare Capital-Arranged Loan Leads to Sale of Final Condo Units at The Martin

    Thorofare Capital, an alternative investment platform, recently announced that it had provided a $4 million short-term loan to finance the acquisition of a condo unit portfolio at The Martin. The sponsor will use the financing to acquire the final units under the ownership of the tower’s developer, and then focus on selling the condos to foreign investors. KCD Martin is buying the units from New York-based iStar Financial.

    Las Vegas 21 August 2014 20:02

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