Thorofare Capital

Overview

Thorofare Capital is a national, vertically integrated commercial real estate debt manager headquartered in El Segundo, California, with additional offices in New York City, Miami, Dallas, and Chapel Hill. The firm specializes in originating, underwriting, and asset managing loans secured by various property types, focusing on financing transactions ranging from $15 million to $100 million. Thorofare targets value-add and opportunistic acquisitions, recapitalizations, and distressed debt secured by transitional properties across the United States. Since its inception in 2010, Thorofare has originated over $5.2 billion in transactions across more than 13 property types throughout 34 states. The firm's investment strategy emphasizes flexibility in deal terms to adapt to dynamic market conditions, aiming to provide transparent and timely solutions for clients. Thorofare's affiliate, Thorofare LLC, is a registered investment adviser specializing in alternative fixed-income opportunities through U.S. commercial real estate debt investments. In December 2021, Thorofare Capital was acquired by Callodine Group, an asset management firm focused on yield-oriented investment strategies. This strategic partnership has enhanced Thorofare's capabilities in yield-oriented investment strategies and supported its growth trajectory. The acquisition has allowed Thorofare to leverage Callodine's resources and expertise while maintaining its management team, investment committee, and investment process intact. The firm continues to operate under the Thorofare Capital brand, providing real estate financing solutions nationwide.

Investment Focus

• Attractive target market
• Favorable supply/demand dynamics
• Compelling business plan
• Strong structural protection