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Dwight Capital and Dwight Mortgage Trust Finance $650.7MM in Seniors Housing During Q2 2025

Dwight Capital and its affiliate REIT, Dwight Mortgage Trust (DMT), closed $650.7 million in seniors housing financings during Q2 2025. The transactions featured a mix of bridge and HUD loans for assisted living facilities (ALFs) and skilled nursing facilities (SNFs) across several states, highlighting Dwight’s continued nationwide leadership in the seniors housing sector.

DMT financed a $230 million bridge loan to facilitate the acquisition of a 19-property skilled nursing/assisted living portfolio located throughout Ohio. These facilities comprise a total of 1,896 beds. To support the portfolio’s ongoing operational needs, Dwight Healthcare Funding provided a $12 million working capital line of credit in conjunction with the bridge loan. The loan was originated by Adam Offman, Managing Director of Healthcare Finance, and Yossi Benish, Vice President.

Additionally, DMT provided an $80 million bridge acquisition loan for a five-property skilled nursing portfolio located throughout central Florida. These facilities comprise a total of 518 beds. Dwight Healthcare Funding also provided a $12 million working capital line of credit to help fund the portfolio’s operations. This transaction was originated by Josh Sturm, Managing Director of Senior Housing and Healthcare.

Other notable Q2 2025 seniors housing closings included:

HUD Financings

  • $68.0MM HUD 232/223(f) Loan: 480-bed portfolio of four SNFs in Florida.
  • $20.8MM HUD 232/223(f) Loan: Southview Acres Healthcare Center, a 220-bed SNF in West Saint Paul, MN.
  • $15.2MM HUD 232/223(f) Loan: St. Sophia Health and Rehabilitation, a 240-bed SNF in Florissant, MO.
  • $13.1MM HUD 232/223(f) Loan: 117-bed non-profit ALF in the Southeast. The loan also benefited from a Green Mortgage Insurance Premium (MIP) reduction.
  • $10.6MM HUD 232/223(f) Loan: Edenbrook of Edina, an 85-bed SNF in Edina, MN.

Bridge Financings

  • $31.5MM Bridge Acquisition: 306-bed portfolio of two SNFs in Norwalk and Stamford, CT, including a $9.0MM revolving line of credit.
  • $26.9MM Bridge Acquisition: 318-bed portfolio of two SNFs in Smithfield and Woonsocket, RI, including a $7.0MM revolving line of credit.
  • $21.0MM Bridge Refinance: 217-bed portfolio of two SNFs in East Bridgewater and Milford, MA, including a $8.0MM revolving line of credit.
  • $20.0MM Bridge Refinance: Bria of Palos Hills, a 207-bed SNF in Palos Hills, IL.
  • $11.0MM Bridge Acquisition: Northridge Health Center, a 96-bed SNF in North Ridgeville, OH, including a $5.5MM revolving line of credit.

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: www.dwightcapital.com

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: www.dwightmortgagetrust.com

The transactions featured a mix of bridge and HUD loans for assisted living facilities (ALFs) and skilled nursing facilities (SNFs) across several states, highlighting Dwight’s continued nationwide leadership in the seniors housing sector.

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