DoubleLine Capital backs Thorofare Capital’s $400m lending platform

Thorofare Capital has revealed DoubleLine Capital as the backer behind a $400m investment vehicle the firm announced in September. The program funds floating rate, senior bridge loans -- with two to three-year initial terms, loan amounts between $5m to $20m and LTVs up to 75% -- for the acquisition and refinance of multifamily, retail, industrial, hospitality and office properties.