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Maxim Capital Lends $53M on Windsor Terrace Development

A joint venture between Dornin Investment Group (DIG) and Torchlight Investors has secured fresh capital for a nearly completed Brooklyn multifamily development four months after purchasing the proper

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Summary

A joint venture between Dornin Investment Group (DIG) and Torchlight Investors has secured fresh capital for a nearly completed Brooklyn multifamily development four months after purchasing the property’s nonperforming note.

Maxim Capital Group provided $53.

2 million of senior participation financing for DIG and Torchlight’s purchase of the debt tied to the 131-unit apartment project at […]

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