-

Dwight Capital Closes Q1 2021 with $121.6 MM in Healthcare Financings

NEW YORK--(BUSINESS WIRE)--Dwight Capital financed $121.6 MM in healthcare financings during Q1 2021. Featured among these transactions are HUD loans for Avantara Long Grove, TLC Care Center, and the Northwood Portfolio.

Dwight closed a $21.3 MM HUD loan for Avantara Long Grove, a 195-bed skilled nursing facility (“SNF”) located in Long Grove, IL. Renovated in 2016, the SNF is in mint condition and its amenities include a therapy gym, family lounges, spa and salon services, and sound proofing to promote rest. Managing Director, Adam Offman, originated this transaction.

Offman and Managing Principal, Adam Sasouness, originated a $20.2 MM HUD loan for the Northwood Portfolio, a 332-bed, six-asset SNF portfolio located across Ohio. The transaction facilitates the refinance of Northwood Buckeye Terrace, Country Meadow Care Center, Crestline Nursing Center, Legends Care Center, The Pinnacle Rehabilitation and Nursing Center, and Whispering Hills Care Center.

Dwight also financed a $15.4 MM HUD loan for TLC Care Center, a 255-bed skilled nursing facility located in Henderson, NV. Offman and Avi Lifshitz originated this transaction.

Other loans Dwight provided financing for in Q1 2021:

  • $13.5 MM bridge loan for Florissant and Spring Valley Health and Rehabilitation Centers, a 305-bed SNF and ALF portfolio located in Florissant, MO and Springfield, MO.
  • $12.67 MM bridge loan for Red River Portfolio, a 435-bed SNF portfolio located across Southeast Oklahoma.
  • $8.5 MM bridge loan for Terrace at Woodland, a 60-bed ALF located in Rome, NY.
  • $7.6 MM bridge loan for Pleasant Manor, a 101-bed SNF/ALF located in Faribault, MN.
  • $7.5 MM bridge loan and $750 K mezzanine loan for Lansdowne Village, a 145-bed SNF located in St. Louis, MO.
  • $6.5 MM in financing arranged for Landmark Recovery to construct a 60-bed substance abuse treatment facility in Richmond, VA.
  • $5.37 MM bridge loan for McAuley Manor, an 87-bed SNF located in Aurora, IL.
  • $4 MM HUD 232/223(f) loan for Gallatin Manor, a 51-bed SNF located in Ridgway, IL.

About Dwight Capital

Dwight Capital LLC is one of the largest commercial real estate finance companies in the United States. Our range of services includes commercial lending across a variety of platforms such as FHA/HUD, Bridge, and Mezzanine Financing as well as Preferred Equity for both stabilized and new-construction properties. Dwight Capital is also one of the largest FHA/HUD lenders for multifamily and healthcare properties in the United States and services $7 billion of commercial real estate loans.

For more information about Dwight Capital, please visit: www.dwightcapital.com

Contacts

Dwight Capital
Lindsay Morrison - lm@dwightcap.com

Dwight Capital


Release Versions

Contacts

Dwight Capital
Lindsay Morrison - lm@dwightcap.com

Social Media Profiles
More News From Dwight Capital

Dwight Capital Acquires Mortgage Servicing Rights Portfolio, Expands Servicing Platform to $15 Billion

MIAMI--(BUSINESS WIRE)--Dwight Capital, a leading commercial real estate lender, has acquired Midland States Bank’s seniors housing HUD mortgage servicing rights portfolio, which includes loans secured by skilled nursing facilities, assisted living facilities, and hospitals. The portfolio totals over $500 million in unpaid principal balance from sixty-nine loans spanning twenty-two states. Following the acquisition, the loan servicing portfolio of Dwight Capital and its affiliates will exceed $...

Dwight Capital and Dwight Mortgage Trust Finance Over $350MM in January 2026

MIAMI--(BUSINESS WIRE)--Dwight Capital and its affiliate REIT, Dwight Mortgage Trust (“DMT”), closed over $350 million in real estate transactions in January. Notable financings include: A $104 million bridge refinance for a 350-unit high-rise apartment community in North Miami, Florida. Situated on a four-acre site, the property features a mix of studio, one-, two-, and three-bedroom units. Loan proceeds were used to retire existing debt, cover closing costs, and establish a replacement reserv...

Dwight Capital and Dwight Mortgage Trust Finance Over $465MM in Seniors Housing During Q4 2025

MIAMI--(BUSINESS WIRE)--Dwight Capital, its affiliate REIT, Dwight Mortgage Trust (“DMT”), and Dwight Healthcare Funding (“DHF”) closed a combined $465 million in seniors housing financings in the fourth quarter of 2025. The transactions spanned 12 states and included a mix of HUD, bridge, and revolving line-of-credit financings. Notable fourth-quarter closings included a $120 million bridge loan provided by DMT to finance five skilled nursing facilities (“SNFs”) in Florida comprising 795 beds;...
Back to Newsroom