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Florida & Gulf Coast  + North Florida  + Apartments  |  February 26, 2021
David Cohen
By: David Cohen

Dwight Capital Provides $20M Refinancing for Tallahassee Apartments

Commercial real estate finance firm Dwight Capital has provided a $20.1 million HUD loan to refinance Twin Oaks at Southwood, a 242-unit apartment property in Tallahassee.

Built in 2002, the property is comprised of 30 apartment buildings and one community building. Amenities include a fitness center, business center, swimming pool, regulation size basketball court, and tennis courts. Twin Oaks is part of a 3,200-acre master-planned community, which includes over 1,000 acres of parks, lakes, ponds, walking trails and bike paths.

Adam Sasouness and Kevin Lifshitz of Dwight Capital originated the transaction on behalf of the undisclosed borrower.

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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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