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.
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, 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.
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 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.
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.
Dwight Capital closes its second-largest transaction to date – a $74.99 million 223(f) loan for Copper Creek Apartments in Las Vegas, Nevada.
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.