Dwight Capital, alongside affiliates Dwight Mortgage Trust LLC and Dwight Healthcare Funding, announced the closing of more than $294 million in seniors housing financings during the first quarter of 2026. The transactions included HUD-insured loans, bridge financings, and revolving lines of credit spanning 11 states.
Among the largest transactions completed during the quarter was $46.9 million in HUD 232/223(f) financing provided by Dwight Capital LLC for a portfolio of three skilled nursing facilities totaling 278 beds located in Fort Pierce, Wauchula, and Winter Haven, Florida. The financing refinanced existing debt previously provided by Dwight Mortgage Trust LLC.
The firms also completed a $37.5 million bridge loan through Dwight Mortgage Trust LLC, supporting the acquisition and refinancing of a four-property, 402-bed skilled nursing portfolio located across East Bridgewater, Fall River, Milford, and Reading, Massachusetts. In connection with the transaction, Dwight Healthcare Funding provided a $10 million working capital revolving line of credit to the borrower.
Both of the featured transactions were originated by Adam Offman.
Additional bridge and revolving line of credit financings completed during the quarter included a $70 million bridge refinancing for a 370-bed skilled nursing facility portfolio in the Southwest paired with a $15 million revolving line of credit, a $16.6 million bridge acquisition financing for a 437-bed assisted living facility portfolio spanning Wisconsin and Alabama, and a $12.6 million bridge acquisition for Fountain Care at Sunset Hills, a 156-bed skilled nursing facility in St. Louis, Missouri, which also included a $5 million revolving line of credit.
The companies also closed a $12 million bridge acquisition financing tied to a 114-bed skilled nursing facility in Newburgh, Indiana, alongside a $4 million revolving line of credit, as well as a separate $3.5 million revolving line of credit for a 123-bed skilled nursing facility in Reading, Massachusetts.
HUD-insured financings during the quarter additionally included a $22.5 million HUD 232/223(f) loan for a 107-bed skilled nursing facility in New Jersey, an $11.5 million HUD 232/223(f) financing for Royal Oaks Nursing and Rehabilitation Center in Urbandale, Iowa, and a $10 million HUD 232/223(f) financing for a 100-bed skilled nursing facility in the Midwest.
Dwight Capital said its affiliated loan servicing portfolio now exceeds $15 billion across its commercial real estate lending operations.
