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Dwight Capital Financed $24.4 MM Bridge Loan for Joule Apartment Homes in San Antonio

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Dwight Capital provided a $24.4 MM bridge acquisition loan for Joule Apartment Homes, a 300-unit garden-style apartment community located in northwestern San Antonio, TX. Renovated in 2019, the property consists of 19 buildings situated on 9.5 acres located near Downtown San Antonio, The Shops at La Cantera, and San Antonio International Airport. Its amenities feature a clubhouse, dog park, fitness center, business center, and two swimming pools. Managing Director Brandon Baksh and Brian Yee originated this transaction. The financing was arranged by Patrick Short of Walker and Dunlop.