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Dwight Capital Provides $27M HUD-Insured Loan for Lubbock Multifamily Project

LUBBOCK, TEXAS — New York City-based Dwight Capital has provided a $27 million HUD-insured loan for a 104-unit multifamily project in the West Texas city of Lubbock. The 10-building project represents

Dwight Capital Provides $27M HUD-Insured Loan for Lubbock Multifamily Project
Photo: REBusinessOnline

Summary

LUBBOCK, TEXAS — New York City-based Dwight Capital has provided a $27 million HUD-insured loan for a 104-unit multifamily project in the West Texas city of Lubbock.

The 10-building project represents Phase II of a larger development known as La Ventana at Canyon West.

The unit mix will comprise 54 one-bedroom residences, 46 two-bedroom apartments and four three-bedroom units, all of which will have private balconies/patios. Brandon Baksh and Tommy Ng of Dwight originated the loan through HUD’s

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