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Dwight Mortgage Trust Provides $34M Loan for Refinancing of Southern New Jersey Multifamily Complex

Summary by REBusinessOnline
SICKLERVILLE, N.J. — Dwight Mortgage Trust, the affiliate REIT of New York City-based Dwight Capital, has provided a $34 million bridge loan for the refinancing of Mi-Place at Brightmoor, the 168-unit second phase of a 312-unit apartment community located in the Southern New Jersey community of Sicklerville. The property offers 63 one-bedroom units, 84 two-bedroom apartments and 21 three-bedroom residences that are furnished with stainless steel…
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Dwight Mortgage Trust Provides $34M Loan for Refinancing of Southern New Jersey Multifamily Complex

SICKLERVILLE, N.J. — Dwight Mortgage Trust, the affiliate REIT of New York City-based Dwight Capital, has provided a $34 million bridge loan for the refinancing of Mi-Place at Brightmoor, the 168-unit second phase of a 312-unit apartment community located in the Southern New Jersey community of Sicklerville. The property offers 63 one-bedroom units, 84 two-bedroom apartments and 21 three-bedroom residences that are furnished with stainless steel…

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REBusinessOnline broke the news in on Tuesday, March 25, 2025.
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