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Dwight Capital Provides $56M HUD-Insured Construction Loan for Metro Dallas Multifamily Project

GARLAND, TEXAS — New York City-based Dwight Capital has provided a $56 million HUD-insured construction loan for StoneHawk Rosehill, a 269-unit multifamily project in the northeastern Dallas suburb of

Dwight Capital Provides $56M HUD-Insured Construction Loan for Metro Dallas Multifamily Project
Photo: REBusinessOnline

Summary

GARLAND, TEXAS — New York City-based Dwight Capital has provided a $56 million HUD-insured construction loan for StoneHawk Rosehill, a 269-unit multifamily project in the northeastern Dallas suburb of Garland.

The site spans more than seven acres, and the development will offer one- and two-bedroom units, 51 percent of which will be subject to income restrictions.

Amenities will include a pool, clubhouse with fitness and business centers, an onsite leasing and management office and outdoor recre

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