Dornin Investment Group Buys $60M Loan on San Diego Office Park at Par – Commercial Observer
Dornin Investment Group (DIG) has acquired a roughly $60 nonperforming loan secured by a San Diego industrial park in an off-market deal, the private equity investment announced Tuesday. DIG purchased the debt at par with the help of $41.9 million in note-on-note financing from Calmwater Capital. The transaction closed June 20. SEE ALSO: Real Estate