Mortgage insurance

Dwight Capital & Dwight Mortgage Trust Finance $216.56MM in April 2023

Retrieved on: 
Thursday, May 25, 2023
Commercial Building & Real Estate, Construction & Property, Finance, Urban Planning, Banking, REIT, Professional Services, Other Construction & Property, Residential Building & Real Estate, National Green Building Standard, DMT, SF, Concept, Allen, HUD, Rock (geology), Mortgage insurance, DE, Rent, Villas, Capital, National Supermarkets, Real estate, Commercial property, Green

Dwight Capital and its affiliate REIT, Dwight Mortgage Trust (“DMT”), financed $216.56MM in real estate financings during April.

Key Points: 
  • Dwight Capital and its affiliate REIT, Dwight Mortgage Trust (“DMT”), financed $216.56MM in real estate financings during April.
  • Dwight closed a $45MM HUD 223(f) loan for Kinstone Columns Drive , a 384-unit apartment community in Marietta, GA.
  • Dwight Vice President Daniel Malka and Jacob Gauptman originated this transaction, which is the tenth loan that Dwight has closed for Allen & Rocks, Inc., a repeat Dwight client.
  • “As the commercial real estate capital markets experience a liquidity crunch, DMT is capitalizing on opportunities created in other asset classes," said Ian Hawk , Vice President at Dwight Mortgage Trust.

Dwight Capital and Dwight Mortgage Trust Finance $217.8MM in March 2023

Retrieved on: 
Wednesday, April 19, 2023
Professional Services, Residential Building & Real Estate, Commercial Building & Real Estate, Finance, Construction & Property, Urban Planning, REIT, Sola, Village, Maintenance, Lakefront, HUD, Mortgage insurance, Palma Sola, Capital, Real estate, Green

Dwight Capital and its affiliate REIT, Dwight Mortgage Trust (“DMT”), financed $217.8MM in commercial real estate loans during March 2023.

Key Points: 
  • Dwight Capital and its affiliate REIT, Dwight Mortgage Trust (“DMT”), financed $217.8MM in commercial real estate loans during March 2023.
  • Featured among those loans were HUD 223(f) loans for Springs at Palma Sola and The Village at Lakefront.
  • Dwight provided a $57MM HUD 223(f) refinance for Springs at Palma Sola , a 293-unit apartment complex in Bradenton, FL.
  • Dwight also closed a $31.4MM HUD 223(f) loan for The Village at Lakefront , a 242-unit apartment community in Little Elm, TX.

Greystone Provides $10.6 Million in HUD-Insured Financing for Affordable Housing Community in Jacksonville, Florida

Retrieved on: 
Thursday, March 30, 2023
LTV, FHA, Housing, MIP, Mortgage insurance, Old American Company, HUD, Mortgage assumption, Commercial property

The financing was originated by Eric Rosenstock and Jesse Yodice at Greystone, on behalf of Royal American Companies.

Key Points: 
  • The financing was originated by Eric Rosenstock and Jesse Yodice at Greystone, on behalf of Royal American Companies.
  • Built in 1980, Oak Tree Apartments in Duval County consists of 26 detached buildings with 162 one-, two-, and three-bedroom units.
  • The $10.6 million HUD-insured financing carries both a 35-year term and amortization with a low, fixed rate and 90% loan-to-value (LTV).
  • “We were thrilled with our team’s passion for affordable housing and their dedication to getting us what we needed for this property.

Dwight Capital and Dwight Mortgage Trust Finance $155.85MM in February 2023

Retrieved on: 
Thursday, March 23, 2023
Commercial Building & Real Estate, Construction & Property, Finance, Banking, Professional Services, Urban Planning, REIT, Residential Building & Real Estate, DMT, SF, HUD, Mortgage insurance, Capital, Certification, Real estate

Dwight Capital and its affiliate REIT, Dwight Mortgage Trust (“DMT”), closed $155.85MM in real estate financings during February.

Key Points: 
  • Dwight Capital and its affiliate REIT, Dwight Mortgage Trust (“DMT”), closed $155.85MM in real estate financings during February.
  • Featured among the transactions are a HUD loan for Woodstock West and bridge loans for both Mi-Place at West Rancocas Phase II and REDKA 1.
  • Dwight closed a $66.25MM HUD 223(f) refinance for Woodstock West , a 407-unit apartment community in Woodstock, GA.
  • The purpose of this loan is to refinance existing construction debt for Fernmoor Homes, a repeat Dwight client.

Dwight Capital & Dwight Mortgage Trust Finance Over $136.5MM in November 2022

Retrieved on: 
Monday, December 12, 2022
Commercial Building & Real Estate, Construction & Property, Finance, Banking, Professional Services, Urban Planning, REIT, Residential Building & Real Estate, Fund, Capital, Kathryn Ann Clarke, FHA, Mezzanine, HUD, DMT, Median, Mortgage insurance, Paxton, Investment, REIT, OR, Real estate, Green

Dwight Capital and its affiliate REIT, Dwight Mortgage Trust , closed over $136.5MM of loans during November.

Key Points: 
  • Dwight Capital and its affiliate REIT, Dwight Mortgage Trust , closed over $136.5MM of loans during November.
  • Both refinances benefitted from a Green Mortgage Insurance Premium (MIP) Reduction set at 25 basis points because the properties achieved ENERGY STAR green certifications.
  • Dwight Capital LLC is one of the largest commercial real estate finance companies in the United States and has a loan servicing portfolio in excess of $11 billion.
  • For more information about Dwight Mortgage Trust, please visit: www.dwightmortgagetrust.com
    View source version on businesswire.com: https://www.businesswire.com/news/home/20221212005547/en/

Dwight Capital & Dwight Mortgage Trust Finance Over $207.5MM in July 2022

Retrieved on: 
Wednesday, August 17, 2022
Commercial Building & Real Estate, Construction & Property, Finance, Banking, Professional Services, Urban Planning, Other Construction & Property, Residential Building & Real Estate, Garden, Culture, Science and technology in Asia, CEO, Mezzanine, Fund, FHA, Capital, Investment, Malley Fitness Center, LLC, HUD, Southeast Division Street station, Acquisition, Mortgage insurance, DMT, REIT, Comfort, H.V. McKay Memorial Gardens, Certification, Bed, MIP, Real estate, Hotel, Bank, Bridge, Green

Dwight Capital and its affiliate REIT, Dwight Mortgage Trust , closed over $207.5MM in real estate financings during the month of July.

Key Points: 
  • Dwight Capital and its affiliate REIT, Dwight Mortgage Trust , closed over $207.5MM in real estate financings during the month of July.
  • The bridge loan closed in April 2022 to refinance existing bank debt and was paid off with the HUD loan in July 2022.
  • Dwight Capital LLC is one of the largest commercial real estate finance companies in the United States.
  • For more information about Dwight Mortgage Trust, please visit: www.dwightmortgagetrust.com
    View source version on businesswire.com: https://www.businesswire.com/news/home/20220817005093/en/

Dwight Capital and Dwight Mortgage Trust Finance $377MM in June 2022

Retrieved on: 
Monday, July 11, 2022
Professional Services, Residential Building & Real Estate, Commercial Building & Real Estate, Finance, Construction & Property, REIT, Banking, HUD, Certification, Fund, Face, SNF, Rehabilitation, REIT, DMT, Mortgage insurance, Capital, Investment, Mezzanine, Health care, National Green Building Standard, Acquisition, FHA, Public expenditure, Real estate, Weapon, Bridge

Dwight Capital and its mortgage REIT affiliate, Dwight Mortgage Trust , closed $377MM of loans in the month of June.

Key Points: 
  • Dwight Capital and its mortgage REIT affiliate, Dwight Mortgage Trust , closed $377MM of loans in the month of June.
  • Dwight Mortgage Trust (DMT) closed a $27.25MM bridge acquisition loan for Beachside Center for Rehabilitation and Healthcare, a 239-bed skilled nursing facility located in New Smyrna Beach, Florida.
  • Dwight Capital LLC is one of the largest commercial real estate finance companies in the United States.
  • For more information about Dwight Mortgage Trust, please visit: www.dwightmortgagetrust.com
    View source version on businesswire.com: https://www.businesswire.com/news/home/20220707005520/en/

Greystone Provides $20 Million in HUD-Insured Financing for Country Club Villas I in Miami, Florida

Retrieved on: 
Thursday, May 26, 2022
Fannie Mae, Housing, Freddie Mac, HUD, Solution, Mortgage insurance, Maintenance, FHA, GLOBE, MIP, CEO, Sales

The FHA financing was originated by Eric Rosenstock, Managing Director in Greystones New York office, on behalf of Lewis Swezy of Centennial Management.

Key Points: 
  • The FHA financing was originated by Eric Rosenstock, Managing Director in Greystones New York office, on behalf of Lewis Swezy of Centennial Management.
  • Constructed in 2002, Country Club Villas I in Miami-Dade County consists of 10 mid-rise buildings with one-, two-, and three-bedroom units.
  • The $20 million FHA 223(f) loan carries a 35-year term and a low, fixed rate.
  • Loans are offered through Greystone Servicing Company LLC, Greystone Funding Company LLC and/or other Greystone affiliates.

Dwight Capital Finances Over $227.2MM in April 2022

Retrieved on: 
Wednesday, May 11, 2022
Professional Services, Residential Building & Real Estate, Commercial Building & Real Estate, Finance, Construction & Property, Urban Planning, Banking, MIP, Carbon, HUD, CA, Mission District, San Francisco, Walker & Dunlop, BBQ, Mortgage insurance, FHA, Capital, Mezzanine, Valencia Street Circuit, Barbecue, SF, Yoga, REIT, Real estate, Hotel, Bridge, Green

Dwight financed a $49.8MM HUD 223(f) cash-out refinance for Highland Ridge Apartments , a 240-unit garden-style apartment community located in Lockport, IL.

Key Points: 
  • Dwight financed a $49.8MM HUD 223(f) cash-out refinance for Highland Ridge Apartments , a 240-unit garden-style apartment community located in Lockport, IL.
  • Dwight Capital LLC is one of the largest commercial real estate finance companies in the United States.
  • Dwight Capital is also one of the largest FHA/HUD lenders for multifamily and healthcare properties in the United States and services in excess of $10 billion of commercial real estate loans.
  • For more information about Dwight Capital, please visit: www.dwightcapital.com
    View source version on businesswire.com: https://www.businesswire.com/news/home/20220511005654/en/

Dwight Capital Finances Over $425.9MM in March 2022

Retrieved on: 
Thursday, April 14, 2022
Finance, Banking, Professional Services, Commercial Building & Real Estate, Construction & Property, Housing, Mortgage insurance, CEO, LEED, HUD, Capital, Rehabilitation, National Register of Historic Places, National, Affordable housing, Program, AMI, Mezzanine, Westport High School, FHA, National Register of Historic Places listings in Detroit, Investment, Lake Murray, M-Brain Group, Bank, Commercial property, Bridge, Green

The team at Dwight Capital was a pleasure to work with, said Ben D. Arnold, CEO of Arnold Family Corporation.

Key Points: 
  • The team at Dwight Capital was a pleasure to work with, said Ben D. Arnold, CEO of Arnold Family Corporation.
  • The entire development team is excited to be moving forward with construction and is appreciative of the financing provided by Dwight Capital.
  • Dwight Capital LLC is one of the largest commercial real estate finance companies in the United States.
  • For more information about Dwight Capital, please visit: www.dwightcapital.com
    View source version on businesswire.com: https://www.businesswire.com/news/home/20220414005255/en/