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Timeline Page

Timeline

History

  • 2014

    Adam and Josh Sasouness launch Dwight Capital, an FHA/HUD approved lender with a focus on the origination of multifamily and healthcare mortgages.

    Dwight opens another office in St. Petersburg, Florida where Closing and Servicing operations are conducted.

  • 2015

    Adam & Josh launch Dwight Funding, an asset-based lender, along with partners Ben Brachot & Dan Basloe.

    Dwight expands its office space and relocates to 250 West 55th Street in New York City.

    In its second year of operations, Dwight Capital is ranked as a top-five multifamily HUD lender nationwide.

  • 2016

    Dwight Capital closes its largest transaction to date – a $128 million loan for City Market at O Street in Washington, D.C, one of the largest 223(a)(7) loans in the history of HUD to date.

    Dwight Capital is ranked as a top-five multifamily HUD lender nationwide for the second consecutive year.

  • 2017

    Dwight Capital is approved to be a GNMA Issuer/Servicer and begins servicing its own loans. Dwight ends the year with $2.3 billion in its servicing portfolio.

  • 2018

    Dwight launches an affiliated real estate holding company called Dwight City Group.

    Dwight launches Dwight Bridge Fund (DBF), an affiliated bridge loan fund specializing in the financing of short-term loans across a variety of commercial real estate asset classes.

    Dwight Capital relocates its headquarters to 787 Eleventh Avenue in New York City and opens a new office in Washington, D.C. in the same month.

    Dwight Capital ends the year with $3.2 billion in its servicing portfolio.

  • 2019

    Dwight Capital ends the year with $4.2 billion in its servicing portfolio.

  • 2020

    DBF is converted to a Mortgage REIT and is re-branded as Dwight Mortgage Trust.

    Dwight Capital acquires Love Funding from Midland States Bank (MSB).

    Dwight Capital ends the year with over $6 billion in its servicing portfolio.

  • 2021

    Dwight Capital closes its second largest transaction to date – a $94.3 MM HUD loan for The Village at Gainesville in Florida, the largest healthcare 232(a)(7) loan in HUD’s history to date.

    Dwight’s growth continues as it opens an additional office in Columbus, OH.

    Dwight Capital is ranked as a top-three multifamily HUD lender nationwide for the second consecutive year and ends 2021 with over $9 billion in its servicing portfolio.

  • 2022

    Dwight Mortgage Trust closes its largest transaction to date – a $154.8MM bridge loan for the RESSCO Portfolio in Michigan.

    Dwight Capital is ranked as a top-three HUD lender nationwide for the third consecutive year and ends 2022 with over $11 billion in its servicing portfolio.

  • 2023

    Dwight continues to expand its operations as it opens an additional office in Miami, FL.