Dwight Capital and Dwight Mortgage Trust Finance Over $619MM in April 2026
Dwight Capital and its affiliate REIT, Dwight Mortgage Trust (“DMT”), closed $619.5 million in real estate transactions in April, marking the firm's highest-volume month of the year to date.
Leading the month’s activity, Dwight Capital closed a record-setting $130 million HUD 223(f) loan for The Gardens Residences, a 358-unit luxury high-rise in Downtown North Miami. This transaction achieved three notable milestones: it was the largest HUD loan ever closed in Florida, the largest multifamily HUD loan approved by HUD’s Southeast Region Office across its 10-state coverage area, and the largest HUD loan in Dwight Capital's history.
The refinance was originated by Dwight Managing Director Keith Hoffman and Aaron Kirshtein on behalf of the borrowers, Sebastien Scemla, John Lago, and Shawn Chemtov, of Omega Real Estate Management Group. The loan proceeds will retire an existing DMT bridge loan, return equity to the borrower, and establish a 35-year, fully amortizing, fixed-rate loan.
“Dwight Capital proved to be an exceptional partner throughout. Their expertise helped us navigate a seamless transaction and secure the best possible financing at an unprecedented scale," said Omega Real Estate Management Group.
