Dwight Capital Secures $279.7 Million in Real Estate Financing Across Diverse Asset Classes

In a remarkable display of financial prowess, Dwight Capital and its affiliate REIT, Dwight Mortgage Trust (DMT), have successfully closed a staggering $279.7 million in real estate financings. This impressive feat showcases the company's unwavering commitment to supporting the growth and development of various real estate sectors, from skilled nursing facilities to multifamily communities.

Unlocking Opportunities Across the Real Estate Landscape

Revitalizing Skilled Nursing Facilities

Dwight Capital's expertise in the healthcare sector is evident in its recent closure of a $61 million HUD 232/223(f) refinance loan for a 250-bed skilled nursing facility (SNF) in New York. This facility has undergone a comprehensive renovation, ensuring that residents can enjoy a heightened level of comfort and amenities, including fine dining, room service, daily housekeeping, and organized social activities. The transaction was originated by Adam Offman, Managing Director of Healthcare Finance, who also secured a $39 million HUD 232/223(f) refinance loan for a portfolio of SNF and assisted living facilities in Manchester, New Hampshire.

Empowering Multifamily Communities

Dwight Capital's expertise extends beyond the healthcare sector, as evidenced by its $38.4 million HUD 223(f) refinance for Volta at Voyager, a 200-unit garden-style apartment community in Colorado Springs, Colorado. This property boasts premium amenities, such as a fitness center, Amazon lockers, a dog spa and park, a swimming pool and spa, and a resort-style clubhouse, catering to the needs of modern renters. The refinance transaction, originated by Brandon Baksh and Brian Yee, benefited from a Green Mortgage Insurance Premium (MIP) Reduction, further enhancing the financial terms.

Diversifying the Portfolio

Dwight Capital's real estate financing prowess is not limited to these notable transactions. The company's third-quarter 2024 activities also included other seniors housing deals, showcasing its ability to navigate and capitalize on opportunities across a diverse range of real estate asset classes. This diversification strategy allows Dwight Capital to adapt to market fluctuations and provide tailored solutions to its clients, solidifying its position as a leading commercial real estate finance company in the United States.

Leveraging Expertise and Partnerships

Dwight Capital's success in these transactions can be attributed to its deep industry expertise, strong partnerships, and unwavering commitment to delivering innovative financing solutions. By collaborating with experienced sponsors and leveraging its affiliate REIT, Dwight Mortgage Trust, the company is able to source and evaluate lending opportunities nationwide, ensuring that its clients have access to the resources they need to achieve their real estate goals.

Driving Growth and Transformation

The impressive $279.7 million in real estate financings closed by Dwight Capital and DMT is a testament to the company's ability to navigate the complex and ever-evolving real estate landscape. By providing tailored financing solutions across a diverse range of asset classes, Dwight Capital is not only supporting the growth and transformation of individual properties but also contributing to the overall vitality of the real estate industry.