Dwight Capital and Affiliates Finance Over $294MM in Seniors Housing During Q1 2026

Dwight Capital, its affiliate REIT, Dwight Mortgage Trust (DMT), and Dwight Healthcare Funding (DHF) closed a combined $294 million in seniors housing financings during the first quarter of 2026. The transactions comprised a mix of HUD, bridge, and revolving line of credit (RLOC) financings, spanning 11 states.

Among the featured transactions were $46.9 million in HUD 232/223(f) loans provided by Dwight Capital for a portfolio of three skilled nursing facilities totaling 278 beds, located in Fort Pierce, Wauchula, and Winter Haven, FL. The loan proceeds refinanced existing debt provided by DMT.

Additionally, DMT provided a $37.5 million bridge loan to support the acquisition and refinance of a four-property, 402-bed, skilled nursing portfolio across East Bridgewater, Fall River, Milford, and Reading, MA. To support operational liquidity and ongoing capital needs, DHF also supplied a $10 million working capital line of credit to the repeat client.

Both transactions were originated by Adam Offman, Managing Director of Healthcare Finance.

Further featured Q1 2026 seniors housing closings included:

Bridge and RLOC Financings

• $70.0MM Bridge Refinance: 370-bed SNF in the Southwest, closed in conjunction with a $15MM revolving line of credit.

• $16.6MM Bridge Acquisition: 437-bed portfolio of four ALF’s in Oshkosh, WI, and Mobile and Huntsville, AL.

• $12.6MM Bridge Acquisition: Fountain Care at Sunset Hills, a 156-bed SNF in St. Louis, MO, including a $5.0MM revolving line of credit.

• $12.0MM Bridge Acquisition: 114-bed SNF in Newburgh, IN, closed along with a $4.0MM revolving line of credit.

• $3.5MM RLOC: 123-bed SNF in Reading, MA.

HUD Financings

• $22.5MM HUD 232/223(f) Loan: 107-bed SNF in New Jersey.

• $11.5MM HUD 232/223(f) Loan: Royal Oaks Nursing and Rehabilitation Center, a 115-bed SNF in Urbandale, IA.

• $10.0MM HUD 232/223(f) Loan: a 100-bed SNF in the Midwest.