Dwight Capital Closes in Excess of $483 85 Million in Financing for Multifamily and Healthcare Related Properties in June 2021 multifamilybiz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from multifamilybiz.com Daily Mail and Mail on Sunday newspapers.
Continental Properties Lands $47M Refi for Illinois Community
Dwight Capital closed the HUD loan for the firm s 300-unit property in South Elgin. Jun142021
Image courtesy of Dwight Capital
Continental Properties has received a $47.3 million HUD 223(f) refinancing loan for Springs at South Elgin, located in Chicago’s I-90 Golden Corridor submarket. Dwight Capital closed the loan on behalf of the owner.
Completed in 2018, the property sits on 16.7 acres at 350 Gyorr Ave., according to Yardi Matrix.
The townhome-style community comprises 300 units across 15 two-story buildings. Floorplans range from studios to three-bedroom apartments. Units feature energy-efficient appliances, granite countertops, hardwood-style flooring, an in-home washer and dryer, and a private balcony or patio.
Dwight Capital Closes in Excess of $364 Million in Financing for Multifamily and Healthcare Related Properties During May 2021 multifamilybiz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from multifamilybiz.com Daily Mail and Mail on Sunday newspapers.
NEW YORK, NY - Dwight Capital provided in excess of $396 MM in financings (including Interest Rate Reductions) during March. Featured among Dwight’s closings are HUD loans for City Market at O Street, Springs at Laurens Road, and Blackhawk Trails Apartments.
Dwight closed $128 MM in HUD financing for City Market at O Street, a 400-unit mixed-use project located in Washington, D.C. Built in 2013-2014, the property is comprised of two, nine-story apartment buildings, five retail spaces, a ground floor grocery store, and a three-level parking garage. The project’s amenities feature a swimming pool, dog park, rooftop with 360-degree panoramic views, and concierge services. The O Street Market, one of D.C.’s greatest historic landmarks, was preserved and incorporated into the new construction.