Latest news with #DwightMortgageTrust
Yahoo
11 hours ago
- Business
- Yahoo
Dwight Mortgage Trust Announces Issuance of Inaugural Commercial Real Estate CLO
MIAMI, June 17, 2025--(BUSINESS WIRE)--Dwight Mortgage Trust LLC, a leading commercial real estate investment and finance platform, today announced the pricing of its inaugural Commercial Real Estate Collateralized Loan Obligation ("CRE CLO"), DWIGHT 2025-FL1, a $925 million securitization backed by a diversified pool of multifamily mortgage loans. The transaction marks a significant milestone for Dwight Mortgage Trust, expanding its capital markets capabilities and further institutionalizing its real estate credit platform. The CRE CLO is collateralized by 30 mortgage assets secured by multifamily, income-producing properties across the United States. "We are excited to bring our first CRE CLO to market," said Jai Agarwal, President and COO at Dwight Mortgage Trust. "This transaction provides us with a strategic, scalable financing vehicle that enhances our funding flexibility, supports continued loan origination growth, and aligns with our long-term asset management strategy. As our business continues to grow, we expect to periodically access the CRE CLO market." Transaction Highlights: Total Issuance Size: $925 million Collateral Type(s): 100% multifamily Advance Rate: 87.9% Reinvestment period: 2 years Co-Lead Managers / Bookrunners: J.P. Morgan, Atlas, Deutsche Bank Rating Agencies: Fitch, Kroll The transaction features a dynamic capital structure designed to optimize proceeds while maintaining alignment with investors through Dwight Mortgage Trust's retained equity interest and ongoing collateral management. The reinvestment period allows the manager to actively reposition the loan portfolio, subject to concentration and credit quality tests. About Dwight Mortgage Trust Founded in 2018, Dwight Mortgage Trust is a vertically integrated real estate investment firm with over $3.3 billion in assets under management. The firm focuses on originating and managing commercial real estate debt across a variety of property types and capital structures. For more information, please visit: View source version on Contacts Media Contact: Lindsay MorrisonChief Marketing Officermarketing@
Business Wire
11 hours ago
- Business
- Business Wire
Dwight Mortgage Trust Announces Issuance of Inaugural Commercial Real Estate CLO
MIAMI--(BUSINESS WIRE)-- Dwight Mortgage Trust LLC, a leading commercial real estate investment and finance platform, today announced the pricing of its inaugural Commercial Real Estate Collateralized Loan Obligation ('CRE CLO'), DWIGHT 2025-FL1, a $925 million securitization backed by a diversified pool of multifamily mortgage loans. The transaction marks a significant milestone for Dwight Mortgage Trust, expanding its capital markets capabilities and further institutionalizing its real estate credit platform. The CRE CLO is collateralized by 30 mortgage assets secured by multifamily, income-producing properties across the United States. 'We are excited to bring our first CRE CLO to market,' said Jai Agarwal, President and COO at Dwight Mortgage Trust. 'This transaction provides us with a strategic, scalable financing vehicle that enhances our funding flexibility, supports continued loan origination growth, and aligns with our long-term asset management strategy. As our business continues to grow, we expect to periodically access the CRE CLO market.' 'This transaction provides us with a strategic, scalable financing vehicle that enhances our funding flexibility, supports continued loan origination growth, and aligns with our long-term asset management strategy." Share Transaction Highlights: Total Issuance Size: $925 million Collateral Type(s): 100% multifamily Advance Rate: 87.9% Reinvestment period: 2 years Co-Lead Managers / Bookrunners: J.P. Morgan, Atlas, Deutsche Bank Rating Agencies: Fitch, Kroll The transaction features a dynamic capital structure designed to optimize proceeds while maintaining alignment with investors through Dwight Mortgage Trust's retained equity interest and ongoing collateral management. The reinvestment period allows the manager to actively reposition the loan portfolio, subject to concentration and credit quality tests. About Dwight Mortgage Trust Founded in 2018, Dwight Mortgage Trust is a vertically integrated real estate investment firm with over $3.3 billion in assets under management. The firm focuses on originating and managing commercial real estate debt across a variety of property types and capital structures. For more information, please visit:
Business Wire
19 hours ago
- Business
- Business Wire
Dwight Capital and Dwight Mortgage Trust Finance $475.5MM in May 2025
MIAMI--(BUSINESS WIRE)-- Dwight Capital and its affiliate REIT, Dwight Mortgage Trust ('DMT'), closed $475.5 million in real estate financings in May. Highlighted transactions included a bridge loan for a skilled nursing portfolio in Florida, a bridge loan for Moment Apartments in Minneapolis, and a HUD 223(f) refinance for Pointe Grand Brunswick in Georgia. DMT closed an $80 million bridge loan to facilitate the acquisition of a five-property, 518-bed skilled nursing portfolio spread throughout central Florida. In conjunction with the bridge loan, Dwight Healthcare Funding provided a $12 million working capital line of credit to support the portfolio's ongoing operational needs. This transaction was originated by Josh Sturm, Managing Director of Senior Housing and Healthcare. DMT also provided a $49 million bridge loan to refinance Moment Apartments, a newly constructed 222-unit luxury apartment community in Minneapolis, MN. The property consists of a 10-story building with 14,713 square feet of ground-floor retail space, occupied by Starbucks and New Horizon Academy. Residents enjoy premium amenities, such as a fitness center, business center, golf simulator, sauna, and swimming pool. Loan proceeds were used to retire existing debt, fund reserves, and cover transaction-related costs. This financing was originated by Vice President Daniel Malka and Jonathan Pomper for the borrower, Sherman Associates. Additionally, Dwight Capital financed a $43 million HUD 223(f) loan for Pointe Grand Brunswick, a 264-unit lakefront community in Brunswick, Georgia. Built in 2023, the property comprises eight three-story garden-style apartment buildings, exclusively featuring two-bedroom, two-bathroom units, situated on over 23 acres. Loan proceeds were used to repay existing debt, including a bridge loan from DMT, cover closing costs, and return equity accumulated since the project's initial construction. The refinance qualified for a reduced Green Mortgage Insurance Premium (MIP) to 25 basis points, due to the property's National Green Building Standard (NGBS) Bronze Level Certification. The transaction was originated by Managing Director Josh Hoffman and Jonathan Pomper for a recurring Dwight client, Hillpointe, which has successfully developed over $1 billion in multifamily housing assets. About Dwight Capital Dwight Capital LLC is a leading commercial real estate finance company in the United States, with a loan servicing portfolio exceeding $13 billion. Our services encompass a wide range of commercial lending options, including Balance-Sheet Bridge & New Construction Loans, FHA/HUD Insured Loans, C-PACE Financing, Mezzanine Financing, and Preferred Equity. For more information about Dwight Capital, please visit: About Dwight Mortgage Trust Dwight Mortgage Trust LLC ('DMT' or the 'Fund') is an actively managed real estate investment trust specializing in the origination and financing of commercial mortgages across a range of real estate asset classes. DMT works in conjunction with affiliate firm Dwight Capital to source and evaluate lending opportunities nationwide. The Fund partners with experienced sponsors on projects in major markets, focusing on investments with a clearly defined exit strategy. For more information about Dwight Mortgage Trust, please visit:
