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Washington DC  + Finance  |  May 26, 2020
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By: David Cohen

Dwight Capital Provides $102M Refinancing for Maryland MF Portfolio

Dwight Capital has provided $102.2 million in HUD 223(a)(7) loans for a portfolio of four market-rate apartment complexes in Maryland. Daniel Malka and Jacob Gauptman of Dwight Capital originated the financing on behalf of the undisclosed borrower.

The properties include Elkridge Estates of Roland Park, The Encore at Wheaton Station, The Renaissance Club Apartments and The Evergreens at Laurel. In total, the properties are comprised of 1,169 units.

In addition, Dwight Capital recently provided a $39.9 million 223(a)(7) loan for Enclave at Box Hill, a 240-unit apartment complex in Abingdon, MD.

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.
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