Dwight Capital and Dwight Mortgage Trust Finance $409MM in November 2025

A rendering of Sycamore at Monroe in Monroe, NC.

Dwight Capital and its affiliate REIT, Dwight Mortgage Trust (“DMT”), collectively financed $409 million in real estate financings during November. Highlighted closings include a construction loan for Sycamore at Monroe in Monroe, NC, bridge refinance loans for Pointe Grand Reservation Way in Augusta, GA, and Oxford Vista in Englewood, CO.

DMT provided a $48 million construction loan for Sycamore at Monroe, a planned 275-unit multifamily community in Monroe, NC. Situated on approximately 23 acres, the development will include five four-story residential buildings and a community clubhouse.

The project’s unit mix will feature 115 one-bedroom and 160 two-bedroom apartments. Upon completion, Sycamore at Monroe will be the area’s only low-density, elevator-serviced garden-style community, combining a resort-inspired aesthetic with a residential layout.

The development is led by Switzenbaum & Associates, a vertically integrated real estate firm with extensive experience in the Charlotte area. The transaction was originated by Brandon Baksh and Brian Yee, and underscores Dwight’s continued commitment to supporting high-quality multifamily developments nationwide.

DMT also closed a $41 million bridge refinance for Pointe Grand Reservation Way, a newly constructed 264-unit apartment community in Augusta, GA. The loan will refinance existing debt, fund an interest reserve, cover transaction costs, and return built-up equity accumulated during construction. Josh Hoffman and Jonathan Pomper originated this transaction for recurring Dwight client Hillpointe.

Additionally, Dwight provided a $31 million bridge refinance loan for Oxford Vista, a 146-unit luxury multifamily community in Englewood, CO, completed in 2023. Each residence is equipped with smart locks and smart thermostats; select units feature private balconies or patios with mountain views. Located near a Light Rail station, Oxford Vista provides residents with direct transit access to major employment and cultural hubs across the Denver metropolitan area.

Loan proceeds were used to repay existing debt, pay transaction-related costs, and establish an interest reserve. The transaction was originated by David Scheer and Alex Izso for the sponsor, The Prime Company.