Dwight Capital provided a $31.15MM HUD 223(f) loan for Outpost 44, a 130-unit apartment complex in Bend, OR. The property was completed in 2022 and consists of seven apartment buildings, six townhome buildings, and two amenity buildings on 5 acres. Its amenities feature a community lounge, game room, fitness center, firepit, garden, and storage space. The loan benefitted from a Green Mortgage Insurance Premium (“MIP”) Reduction set at 25 basis points as the property is achieving an ENERGY STAR certification. McBride Capital brokered this transaction for the borrower, Pahlisch Commercial.
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