Dwight Capital provided $22.75 MM in HUD financing for The Fairways Apartments, a 369-unit apartment complex located in Fitchburg, WI. The property is comprised of 14 apartment buildings and a situated on Nine Springs Golf Course. Its amenities feature a swimming pool, common areas, and two tennis courts. The loan benefited from a Green Mortgage Insurance Premium (“MIP”) Reduction set at 25 basis points because the property is ENERGY STAR certified. Managing Director, Brandon Baksh, originated this transaction.
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