Timeline

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.

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.

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.

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.

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

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

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.

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.

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 the second largest HUD lender nationwide for the third consecutive year, and Dwight ends 2022 with over $11 billion in its servicing portfolio.

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

Dwight Capital ranks as the second largest HUD lender nationwide once again, and Dwight ends the year with over $12 billion in its servicing portfolio.

Dwight launches its healthcare A/R lending platform and expands its healthcare team.

Dwight Mortgage Trust surpasses $500MM in AUM.