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Texas  + Dallas-Fort Worth  + Apartments  | 
Little Elm gets refinanced by Dwight Capital

Dwight Capital Provides $31.4M Refi Loan for Little Elm Apartment Owner

New York City-based Dwight Capital has provided a $31.4 million HUD-insured loan for the refinancing of The Village at Lakefront, a 242-unit multifamily property located in the North Texas community of Little Elm.

The financing includes a green mortgage premium reduction set at 0.25 percent since the property is in the process of achieving a National Green Building Standard Bronze certification, according to Dwight. 

Located at 201 East Eldorado Parkway about 33 miles north of Downtown Dallas, the 2017-built property consists of 242 units in four-story apartment buildings on 6.4 acres near Lewisville Lake. The property consists of two four-story apartment buildings, a clubhouse with a community room, fitness center and a leasing office.

Brandon Baksh of Dwight Capital originated the financing through HUD’s 223(f) program on behalf of the borrower, ChadNic Properties.


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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.

  • ◦Financing
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