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Luma Wealth Forms Advisory Council


Luma Wealth Forms Advisory Council
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CLEVELAND, May 17, 2021 /PRNewswire/  Luma Wealth Advisors is pleased to announce that it has formed an Advisory Council to facilitate its national growth as a leading provider of financial advice for women and their families.
Council members, who are thought leaders in their respective industries, have been selected to provide their views and perspectives. They will meet quarterly to help the firm continue to enhance its offerings, improve its client service, and develop strategic partnerships.
In addition to Heather R. Ettinger, Founder and CEO of Luma Wealth, council members include: ....

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Dwight Capital Finances Over $468 MM in April 2021


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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 Sa ....

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Audax Private Debt closes oversubscribed fifth mezzanine fund on $1.85bn


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Audax Private Debt has hit a $1.85bn final close for Mezzanine Fund V, beating its $1.5bn target.
Fund V is 50% larger than the firm’s predecessor vehicle in the strategy, which it closed on $1.2bn in 2016.
The latest fund gathered commitments from returning and new institutional investors in the US, Europe, Asia-Pacific and the Middle East, the firm said.
Mezzanine V will continue a strategy of directly source junior debt investments in private equity sponsor-backed companies in North America.
Audax Private Debt, the debt investment arm of Audax Group, specializes in established middle market investments through first lien, stretch senior, unitranche, second lien, junior debt and equity co-investment solutions. ....

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