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Dwight Capital financed in excess of $468 MM (including Interest Rate Reductions) during April. Featured among Dwight’s closings are HUD loans for The Village at Gainesville, The Residences at Justison Landing, and a multifamily portfolio located in Oregon.
Dwight provided a $94.3 MM HUD loan for The Village at Gainesville, a 651-bed senior living community located in Gainesville, FL. The gated property is situated on a 104-acre campus, which features amenities such as a library, hair salon, tennis court, fitness center, and swimming pools. The Village at Gainesville provides its residents with services including assisted living, memory care, and board and care. It also runs a Vitality Program, which offers its residents customized wellness plans to optimize their well-being. This refinance closed as the largest healthcare 232(a)(7) loan in HUD’s history to date. Managing Principal, Josh Sasouness, and
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MACON, Georgia (41NBC/WMGT) – Crystal Lake Apartments in Macon has a new owner thanks to a $6.5 million deal.
Atlanta-based, commercial real estate brokerage firm Bull Realty, Inc., states it closed the deal between seller Crown Bay Group, LLC, and buyer Perry Hall 895, LLC. Bull Realty. According to Bull Realty, the deal on the multifamily community closed on May 28, 2020.
In April 2019, families had to leave the complex after the former owners could not make needed repairs. Residents say the complex conditions were declining with frequent power and water loss. In
February 2019, families went without water when the complex had a $41,000 past due water bill. That same month a water pipe burst in both the high-rise and mid-rise towers allowing water into electrical wires.