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Texas  + Dallas-Fort Worth  + Apartments  | 
Dwight Capital acquires three N. Texas apartments thanks to $155M HUD loan

Dwight Capital Closes $155M in HUD Financing for Texas Multifamily Portfolio

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. 


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About Mike Boyd

Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.

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