Dwight Provides Largest Construction Loan in Company History for Gilroy Multifamily

Ten South Construction Receives $183M Construction Financing for Bay Area Mixed-Income Project

Ten South Construction has obtained $183 million in construction financing for a 530-unit multifamily community located at 315 Las Animas Ave. in Gilroy, Calif. The project is expected to finish construction in 2029. Dwight Mortgage Trust, an affiliate REIT of Dwight Capital, provided the loan. At its size, the loan is the largest construction financing […] The post Ten South Construction Receives $183M Construction Financing for Bay Area Mixed-…

Dwight Provides Largest Construction Loan in Company History for Gilroy Multifamily

Dwight Mortgage Trust, the affiliate REIT of Dwight Capital, has provided a $183-million construction loan for a 530-unit luxury multifamily community in Gilroy, marking the largest construction financing in Dwight’s history. The loan was originated by managing director Keith Hoffman and originator Elliot Haft on behalf of developer Ten South Construction. Located at 315 Las Animas Ave., the property will comprise four mid-rise apartment buildin…

Dwight Mortgage Trust Lands Record $183MM Construction Loan for 530-Unit Park 315 Multifamily Project in Gilroy

Dwight Mortgage Trust closed the largest construction loan in its history to bankroll a 530-unit multifamily community on 27 acres of empty land in Gilroy, betting on Silicon Valley’s acute housing shortage as demand pressure from the region’s artificial intelligence boom intensifies. Miami-based Dwight Mortgage Trust, the real estate investment trust affiliate of Dwight Capital, […] The post Dwight Mortgage Trust Lands Record $183MM Constructio…