Dwight Capital and its affiliate, Dwight Investment Management, closed $607 million in seniors housing financings during the third quarter of 2026. The transactions included HUD-insured loans, bridge financings, and revolving lines of credit (RLOCs) across 17 states.
Among the quarter’s largest transactions was a $71.25 million bridge loan for a four-property, 646-bed skilled nursing portfolio in Montana and Colorado. Loan proceeds financed the acquisition of two Denver-area facilities and the cash-out refinance of two existing facilities in Montana.
The loan carries a 30-month term with a six-month extension option and future funding. The borrower plans to increase census and implement operating improvements at the newly acquired Colorado facilities, with a longer-term goal of transitioning the portfolio to permanent financing. Josh Levin originated the loan.
Dwight also provided $52 million in HUD 232/223(f) loans for a 577-bed portfolio of five skilled nursing facilities in Arkansas. The 35-year, fully amortizing loan will refinance existing debt, including acquisition financing, following the sponsor’s December 2025 acquisition. Adam Offman and Yossi Benish originated the financings.
Further notable seniors housing transactions financed during Q3 2026 included:
Bridge and RLOC Financings
- $54.5MM Bridge Refinance: 583-bed SNF portfolio in Ohio, closed in conjunction with a $9.0MM RLOC.
- $46.5MM Bridge Acquisition: 290-bed SNF in Ohio, along with an $8.5MM RLOC.
- $25.0MM Bridge Refinance: 234-bed SNF in Bedford, OH.
- $17.0MM Bridge Refinance: 130-bed SNF in Cleveland, OH, closed in conjunction with a $2.5MM RLOC.
- $11.4MM Bridge Acquisition: 351-bed ALF portfolio in Ohio and Minnesota.
HUD Financings
- $47.2MM Across Four HUD 232/223(f) Loans: four-property, 379-bed SNF portfolio in Illinois.
- $26.9MM HUD 232/223(f) Loan: 170-bed SNF in New Jersey.
- $26.3MM HUD 232/223(f) Loan: 156-bed SNF in New Hampshire.
- $23.3MM HUD 232/223(f) Loan: 280-bed SNF in New York.
- $18.4MM HUD 232/223(f) Loan: 151-bed SNF in the Southeast.
About Dwight Capital
Dwight Capital LLC is one of the nation’s leading commercial real estate finance companies, servicing a loan portfolio exceeding $17 billion across its affiliates. Our services encompass a wide range of commercial lending options, including Balance-Sheet Bridge & New Construction Loans, FHA/HUD-Insured Loans, C-PACE Financing, Mezzanine Financing, and Preferred Equity.
For more information about Dwight Capital, please visit: www.dwightcapital.com
About Dwight Investment Management
Dwight Investment Management LLC ("Dwight IM"), formerly known as Dwight Securities Management LLC, is an SEC-registered investment adviser focused on commercial real estate credit. Dwight IM serves as investment manager to funds and accounts investing in private credit strategies, combining proprietary deal sourcing with institutional-grade underwriting and active asset management. Dwight IM partners with its affiliated HUD lender/servicer, Dwight Capital, to source, underwrite, and close commercial real estate loans nationwide.
For more information about Dwight Investment Management, please visit: www.dwightim.com
View source version on businesswire.com: https://www.businesswire.com/news/home/20261022270979/en/
The transactions included HUD-insured loans, bridge financings, and revolving lines of credit (RLOCs) across 17 states.
Contacts
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