Dwight Capital closed more than $635 million in financings (including interest rate reductions) in January. Dwight provided HUD loans for Legends Cary Towne, SOVA on Grant Apartments, Infinity at Centerville Crossing and Cascades Apartments.
Financing Highlights
- Dwight Capital provided $50.48 million for Legends Cary Towne, a 354-unit apartment complex located in Raleigh, NC. Josh Sasouness, managing principal for Dwight Capital, originated the transaction.
- Brandon Baksh, managing director for Dwight Capital, and Brian Yee, originator for Dwight Capital, originated $50 million for SOVA on Grant Apartments, a 211-unit luxury apartment complex located in Denver.
- Dwight Capital also financed loans for Infinity at Centerville Crossing and Cascades Apartments, two adjacent luxury apartment communities in Virginia Beach, VA. Dwight Capital closed $40.48 million for Infinity, a 236-unit complex that was built in 2016, and $40.24 million for Cascades Apartments, situated on more than 11.6 acres. Baksh served again as originator alongside Karnveer Bal.
Dwight Capital is a U.S.-based commercial real estate finance company.