Dornin Investment Group Acquires $60 Million Non-Performing Loan
Source: @BreaknNews
LAGUNA BEACH, Calif. - June 25, 2024 - -- Real estate investment firm Dornin Investment Group ("DIG") acquired an approximate $60M non-performing loan ("NPL") off-market at Par UPB. The loan is secured by a roughly 250,000-square-foot industrial park in greater San Diego, CA, and was acquired through $41.9M note-on-note financing from Calmwater Capital.DIG has closed nearly $500M in loan purchases across the…
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