Adds Felix Gutnikov, head of Thorofare's transactions team, “We look forward to entering 2013 with positive momentum as we provide sponsors with flexible capital to acquire value-add assets and we will continue financing borrowers that are recapitalizing their over-leveraged properties.”

Among the transactions the firm has completed within the last two months are:

• $7 million in note acquisition financing for a Plaza District portfolio of six apartment buildings in Kansas City, MO
• $5 million in discounted payoff financing for Homestead Business Center, a 38,000-square-foot mixed-use office and retail complex in Homestead, FL
• $8.5 million in note acquisition financing for Elkhorn Valley Plaza, a 38,800-square-foot retail center in Sacramento
• $8 million in note acquisition financing for Ringwood Business Park in San Jose, 162,366 square feet of R&D office/flex space
• $6 million in refinancing for Yacht Harbor, a 373-unit luxury multifamily development and marina in Portland, OR
• $4.025 million in REO acquisition financing for Fairway Commons II, a 64,849-square-foot anchored retail center in Roseville, CA, for a Sacramento-based owner-operator
• $1.4 million in REO acquisition financing for Crestwood Condos, an 89-unit for-rent condominium portfolio in Des Plaines, IL, for a Chicago-based multifamily operator through a deal sold by a collaboration of Foresite Realty Partners and Auction.com
• $2.75 million to refinance a self-storage portfolio at 65% loan-to-value in Salinas, Manteca and Winton, CA.
• $3.75 million in acquisition financing at 65% loan-to-value for a 165,000-square-foot manufacturing facility with clean rooms, warehouse and office space at 890 Embarcadero Rd. in West Sacramento, CA.

Brendan W. Miller, Thorofare's chief investment officer, tells GlobeSt.com, “Through our close collaboration with experienced real estate investors that are seizing opportunities in today's market, as well as the invaluable support of our investors, we continue to source and capitalize high-quality transactions throughout the country.”

As GlobeSt.com previously reported, in October 2012 Thorofare closed a $5.1-million senior bridge loan to refinance a portfolio of four properties located in four California markets. Properties include a 25,000-square-foot income-producing parking lot in Downtown San Diego's Little Italy submarket at 1270 Columbia St., which is currently leased to a third-party parking operator and is fully entitled for the development of a 386-room Hyatt Hotel. The sponsor will continue the procurement of an EB-5 development loan for the construction of the hotel. Also included is a 2009-vintage, 100-key Holiday Inn Express near the Camp Pendleton Marine Base in Oceanside, CA. Additional collateral for the loan included a collateral assignment of a note currently held by the sponsor, which encumbers the Vagabond Hotel in Costa Mesa, as well as a second deed of trust secured by the Oakland International Airport Hotel, which the sponsor is in the midst of selling.