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Dwight Capital Provides $23M HUD-Insured Loan for Refinancing of California Multifamily Property
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Dwight Capital Provides $23M HUD-Insured Loan for Refinancing of California Multifamily Property
HANFORD, CALIF. — Dwight Capital has closed a $23 million HUD 223(f) refinance loan for Berkshire Crossing, a multifamily community in Hanford. Keith Hoffman and Aaron Kirshtein of Dwight Capital originated the transaction on behalf of the borrowers, Fresno Supreme and Santa Lucia Ventures. The loan proceeds will be used to refinance existing debt on the property, provide the borrower with cash-out and 35-year fully amortizing, fixed-rate financ…
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