Dwight Capital Consistently Tops the Commercial Lender Rankings
Dwight Capital and its affiliate REIT, Dwight Mortgage Trust (“DMT”), successfully closed 2022 with more than $3 billion in real estate loans across 38 states. The firm increased its servicing volume to over $11 billion and has continuously been one of the country’s most active, direct HUD lenders, maintaining its industry-leading status as a top-3 HUD lender for the third consecutive year.
Dwight Mortgage Trust funded approximately $1.64 billion of the 2022 total through its bridge lending platform (19% increase), and Dwight Capital financed nearly $1.34 billion in HUD loans throughout the year.
Dwight will also expand its offices in 2023, opening an additional location in Sunny Isles Beach, FL.
Some notable 2022 closings include:
$166.53MM of HUD 223(f) loans for a portfolio of seven multifamily properties totaling 1,154 units across Southern California.
$154.8MM bridge acquisition loan for six apartment complexes totaling 1,599 units in Michigan. This transaction closed as DMT’s largest loan to date.
$80MM bridge refinance for a portfolio of 13 skilled nursing facilities (“SNFs”), comprised of 957 beds across Kansas.
$60.98MM HUD 221(d)(4) Construction loan for Deer Springs Apartments, a 334-unit proposed apartment community in Northwest Las Vegas, NV.
$59.1MM bridge refinance for Willamette Estates, a 358-unit apartment community in Salem, OR.
$55MM bridge refinance for Stellar at Emerald Hills, a 197-unit apartment complex in Dania, FL.
$49.8MM HUD 223(f) loan for Highland Ridge Apartments, a 240-unit garden-style apartment community in Lockport, IL.
$48MM bridge refinance for Arris Apartments, a 152-unit mixed-use apartment community in Portland, OR.
$48MM bridge refinance for a portfolio of eight SNFs with 729 beds across Minnesota.
$45MM HUD 223(f) loan for Villa Lucia Apartments, a 272-unit apartment community in Fresno, CA.
$42MM bridge acquisition loan for a portfolio of three SNFs, comprised of 387 beds in New Hampshire.