Brief
Dwight Capital Finances $39M Loan for Oregon Multifamily Development
Dwight Capital has closed a $39 million HUD 223(f) refinance for Timberview Apartments, a newly developed 174-unit apartment community in Oregon City, Oregon. Loan proceeds will be used to retire a br
Summary
Dwight Capital has closed a $39 million HUD 223(f) refinance for Timberview Apartments, a newly developed 174-unit apartment community in Oregon City, Oregon.
Loan proceeds will be used to retire a bridge loan provided by Dwight Mortgage Trust, cover closing costs, and establish a replacement reserve account for future capital improvements.
The transaction was originated...
Source
- Connect CREconnectcre.com
