Dwight Mortgage Trust, the affiliate REIT of Dwight Capital, financed a $44 million bridge loan for Timberview Apartments and Townhomes, a 180-unit newly constructed apartment complex in Oregon City, Oregon.

Proceeds from the bridge loan will be used to retire the existing construction debt. McBride Capital brokered this transaction for a repeat Dwight client, Pahlisch Commercial. The property is comprised of 11 residential buildings and one clubhouse with a lounge and fireplace on approximately 9.6 acres.

Amenities include a fitness center, bike lounge, dog wash, and pool with a sundeck. Timberview is conveniently located near Oregon City Golf Club, Clackamas Community College, Clackamas River Trail, and Willamette Falls.

Dwight Mortgage Trust is an actively managed real estate investment trust specializing in the origination and financing of commercial mortgages across a range of real estate asset classes. Dwight Mortgage Trust works in conjunction with affiliate firm Dwight Capital to source and evaluate lending opportunities nationwide.