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Dwight Capital Acquires Love Funding Platform

Private commercial real estate lender Dwight Capital has acquired Love Funding, the non-bank HUD lending subsidiary of Midland States Bank. Terms weren’t disclosed. Dwight Capital said that with the acquisition, it has become the largest dedicated FHA/HUD multifamily & healthcare financing firm in the nation.

The Love Funding platform will be integrated within Midtown Manhattan-based Dwight Capital. Midland States Bank will be retaining the existing $3.4-billion Love Funding servicing portfolio.

“The Love Funding team is and has been well-respected in the FHA/HUD lending industry for decades, which is why we felt they would be a seamless fit within Dwight,” said Adam Sasouness, Co-CEO of Dwight Capital. “This acquisition is a demonstration of Dwight’s commitment to build and maintain a HUD financing team that is unmatched in the industry.”

Founded in 1984 and headquartered in Washington, DC, Love Funding offers a bridge loan platform in addition to HUD-insured loan programs.

Pictured: Dwight Capital headquarters at 787 Eleventh Ave.

For comments, questions or concerns, please contact Paul Bubny

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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  • ◦Sale/Acquisition
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