Financial News

Dwight Secures Capital to Originate $1 Billion in Multifamily Construction Loans Nationwide

Dwight Securities Management LLC, investment adviser to Dwight Mortgage Trust LLC and an affiliate of Dwight Capital LLC, announced today that it has secured capital to originate up to $1 billion in construction loans backed by multifamily properties across the United States.

This new capital raise will further grow Dwight’s loan origination footprint, building on Dwight’s aggregate $3 billion of loans closed year-to-date, and further expanding Dwight’s $13 billion servicing portfolio. Dwight expects the construction loan program to target opportunities ranging from $30 million to $200 million, with proceeds available at up to 80% loan-to-cost and structured with competitive floating interest rates determined by property fundamentals, sponsorship strength, and project strategy.

“Banks have significantly reduced their construction lending exposure in recent years due to heightened regulatory capital requirements and shifting risk appetites, and we do not expect them to return in a meaningful way in the near future,” said Adam Sasouness, CEO of Dwight. “This capital raise underscores the growing institutional demand for high-quality, asset-backed credit in the U.S. multifamily sector, and positions Dwight as a reliable partner for experienced sponsors delivering much-needed housing in key markets.”

Dwight will continue to focus on major U.S. multifamily markets, partnering with experienced best-in-class sponsors and pursuing lending opportunities with well-defined exit strategies, including HUD and Agency programs.

About Dwight & Co.

Dwight & Co. is a leading commercial real estate finance platform in the United States, with a loan servicing portfolio exceeding $13 billion. 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.

Dwight Capital LLC is a leading originator and servicer of multifamily and healthcare FHA/HUD Insured loans. For more information about Dwight Capital, please visit: www.dwightcapital.com

Dwight Securities Management LLC is a registered investment adviser managing various real estate debt-focused investment vehicles, including Dwight Mortgage Trust LLC (“DMT”) 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.

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

"This capital raise underscores the growing institutional demand for high-quality, asset-backed credit in the U.S. multifamily sector, and positions Dwight as a reliable partner for experienced sponsors delivering much-needed housing in key markets."

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