Dwight Capital Logo
World Business
April 28, 2021

Dwight Capital Financed $26.76 MM for Sadler House in San Marcos, TX

Sadler House

Dwight Capital closed $26.76 MM in HUD financing for Sadler House, a 240-unit luxury apartment complex located in San Marcos, TX. Built between 2016 and 2018, the property is comprised of 7 apartment buildings, 7 garage buildings, and one leasing office/clubhouse. Its amenities feature a fitness center, swimming pool, an enclosed dog park, outdoor courtyard and entertainment pavilion. The loan includes a Green Mortgage Insurance Premium (“MIP”) Reduction set at 25 basis points because Sadler House qualifies as green/energy efficient. Managing Director, Josh Hoffman, and Alex Shoenfeld, originated this transaction.