Dwight Capital and its affiliate REIT, Dwight Mortgage Trust (“DMT”), financed a combined total of $410 million in real estate financings during September. Highlighted closings include a bridge loan refinance for South Banks in Tennessee, a HUD 221(d)(4) construction loan for The Lariat in Texas, and a bridge loan for Bode Columbia City & Bode Tacoma Dome in Washington.

DMT provided a $53 million bridge loan to refinance South Banks, a 230-unit garden-style apartment community in Knoxville, TN. The property features a unit mix of 118 one-bedroom and 112 two-bedroom apartments, along with two ground-floor commercial suites comprising 1,200 SF and 1,796 SF.

Loan proceeds will be used to refinance existing debt, fund an interest reserve, and cover transaction costs. This transaction was originated by Dwight’s Josh Hoffman and Jonathan Pomper on behalf of the sponsor, Dominion Group, a Knoxville-based real estate investment firm.

Dwight Capital closed a $53 million HUD-insured 221(d)(4) construction loan for The Lariat, a 312-unit luxury apartment community in Amarillo, TX. The development will comprise 13 three-story residential buildings, a clubhouse and leasing center, and six garages on 13.5 acres. Designed to meet ENERGY STAR New Construction Multifamily standards, The Lariat emphasizes sustainability and energy efficiency. This financing was originated by Dwight’s Brandon Baksh and Tommy Ng on behalf of the borrower, Martin Inderman Development.

Additionally, DMT provided a $44 million bridge loan to refinance two nearly completed multifamily communities - Bode Columbia City and Bode Tacoma Dome – totaling 244 units across Seattle and Tacoma, WA. The financing, which closed pre-TCO, retires existing construction debt, covers loan transaction costs, funds an interest reserve, and supports final construction completion. This transaction was originated on behalf of Bode, a vertically integrated development firm headquartered in Seattle, WA.

About Dwight Capital

Dwight Capital LLC is a leading commercial real estate finance company in the United States, with a loan servicing portfolio exceeding $13 billion. Our services encompass a wide range of commercial lending options, including Balance-Sheet Bridge & New Construction Loans, FHA/HUD Insured Loans, C-PACE Financing, Mezzanine Financing, and Preferred Equity.

For more information about Dwight Capital, please visit: www.dwightcapital.com

About Dwight Mortgage Trust

Dwight Mortgage Trust LLC (“DMT” or the “Fund”) is an actively managed real estate investment trust specializing in the origination and financing of commercial mortgages across a range of real estate asset classes. DMT works in conjunction with affiliate firm Dwight Capital to source and evaluate lending opportunities nationwide. The Fund partners with experienced sponsors on projects in major markets, focusing on investments with a clearly defined exit strategy.

For more information about Dwight Mortgage Trust, please visit: www.dwightmortgagetrust.com

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