Dwight Mortgage Trust Finances $56MM Bridge Loan for Willow Creek Apartments in Kansas City, MO

Dwight Mortgage Trust (“DMT”), the affiliate REIT of Dwight Capital, has provided $56 million in bridge financing for Willow Creek Apartments, a 998-unit garden-style apartment complex in Kansas City, MO. The property spans nearly 70 acres and includes 43 residential buildings housing one, two, and three-bedroom units. Unit features include private balconies or patios, fireplaces, large closets, and additional storage space. Community amenities include two swimming pools, a fitness center, racquetball and tennis courts, garage parking, and a clubhouse with a business center.

Willow Creek Apartments is located near major thoroughfares, including I-435 and Highway 71, offering convenient access to key areas within the Kansas City metropolitan area. This prime location enhances its appeal to residents seeking easy commutes across the city.

Loan proceeds will be used to refinance existing debt, complete remaining construction costs, cover closing costs, and fund required escrows. This transaction was originated by David Scheer on behalf of the borrower, KC Willow Creek LLC.