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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 its second 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, the largest 223(a)(7) loan 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 third office in Washington, D.C. in the same month.

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

  • 2019

    Dwight’s expansion continues as it opens a fourth office in Cleveland, Ohio.

    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 a sixth office in Columbus, OH.