Dwight Capital financed $155MM in HUD 223(f) loans for a portfolio of three apartment complexes in Texas: Resort at 925 Main, Resort at Jefferson Ridge, and Resort at Jefferson Park. The borrower was Paramount Investment Corporation.

Resort at 925 Main is a mixed-used complex consisting of 251 residential units and seven commercial spaces in Grapevine, TX. The property comprises two three-story buildings and one four-story building with an attached five-story garage situated over 5 acres. Retail tenants include a salon, restaurant, and financial services company. The community amenities feature a business center, clubhouse, fitness center, pool, office, dog park, and BBQ/picnic area. 

Resort at Jefferson Ridge and Resort at Jefferson Park are two garden-style apartment communities located along either side of Thomas Jefferson Park in Irving, TX. Together, they consist of 830 units across 34 acres with canal views. The communities’ amenities include fitness centers, clubhouses, and pools.