Dwight Capital and its affiliate REIT, Dwight Mortgage Trust (DMT), financed $390.4 million in seniors housing during second quarter 2024. Notable transactions included a $142 million bridge loan for a skilled nursing portfolio in the Southeast, a $45.2 million bridge loan for a skilled nursing portfolio in Massachusetts and Georgia and a $33.2 million bridge loan for a skilled nursing portfolio in Missouri.
DMT provided a $142 million bridge acquisition loan for a portfolio of 10 skilled nursing facilities (SNFs) in prime urban areas surrounding Atlanta; Memphis; Mobile, Ala; and Shreveport, La. The properties include Bell Minor Home, Cambridge Post Acute Care Center, Nurse Care of Buckhead, Riverside Health Care Center, Rockdale Healthcare Center, Westminster Commons, Millington Healthcare Center, Parkway Health and Rehabilitation Center, Kensington Health and Rehabilitation, and Highland Place Rehabilitation and Nursing. Collectively, these facilities total 1,371 beds.
