Dwight Mortgage Trust Provides $36M Refi for Texas Apartments
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Dwight Mortgage Trust Provides $36M Refi for Texas Apartments
Azali Homes has inked a $36 million loan to refinance an apartment community in Corpus Christi, Texas, Commercial Observer has learned. Dwight Mortgage Trust (DMT), the affiliate real estate investment trust of Dwight Capital, originated the bridge loan for the developer’s 336-unit La Joya by Azal waterfront property. Proceeds from the loan will retire existing debt, cover transaction costs and fund reserves. Located at 1514 Ennis Joslin Road …
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