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Boston & New England  + New England  + Finance  |  December 13, 2021
Harbor Heights apartments in Mystic, CT
Lisa McDuffie
By: Lisa McDuffie

Dwight Capital Finances $29M Bridge Loan for Mystic Apt/Surgery Mix

Dwight Capital has closed a $29-million bridge refinance for Harbor Heights Apartments, a 121-unit luxury apartment community located in Mystic, CT.

Daniel Malka and Jacob Gauptman with Dwight Capital originated the transaction. The loan paid off an existing construction loan, and a portion of its cash-out proceeds will be used towards pre-development costs for a second phase of the property, which includes a 72,000-square-foot surgical center.

The 2020-constructed property consists of one four-story building situated on 10.5 acres.

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Dwight Capital

About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.
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