Dwight Capital and its affiliate REIT, Dwight Mortgage Trust (“DMT”), have completed a total of $410 million in real estate financings during September 2025, marking another strong month for the New York-based firms. The financings include several major transactions across multiple states, supporting the refinancing and construction of multifamily and mixed-use developments.

Among the key deals, DMT closed a $53 million bridge loan to refinance South Banks, a 230-unit garden-style apartment community in Knoxville, Tennessee. The property comprises 118 one-bedroom and 112 two-bedroom apartments, along with two ground-floor commercial suites spanning 1,200 and 1,796 square feet. The loan proceeds will be used to refinance existing debt, fund an interest reserve, and cover transaction costs. This deal was originated by Dwight’s Josh Hoffman and Jonathan Pomper on behalf of the sponsor, Dominion Group, a Knoxville-based real estate investment firm.

Dwight Capital also finalised a $53 million HUD-insured 221(d)(4) construction loan for The Lariat, a 312-unit luxury apartment community in Amarillo, Texas. The project will feature 13 three-storey residential buildings, a clubhouse and leasing centre, and six garages on a 13.5-acre site. Designed to meet ENERGY STAR New Construction Multifamily standards, The Lariat will focus on sustainability and energy efficiency. The financing was arranged by Dwight’s Brandon Baksh and Tommy Ng for the borrower, Martin Inderman Development.

Additionally, DMT provided a $44 million bridge loan to refinance two nearly completed multifamily communities, Bode Columbia City and Bode Tacoma Dome, located in Seattle and Tacoma, Washington. Together, the properties consist of 244 units. The financing, which closed prior to the issuance of Temporary Certificates of Occupancy (TCO), will be used to retire existing construction debt, fund an interest reserve, cover transaction expenses, and complete the final stages of construction. This transaction originated on behalf of Bode, a vertically integrated development firm based in Seattle.