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Dwight Mortgage Trust Closes $20M Bridge Loan for IL Nursing Facility
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Dwight Mortgage Trust Closes $20M Bridge Loan for IL Nursing Facility
Dwight Mortgage Trust, the affiliate REIT of Dwight Capital, financed a $20 million bridge loan for Bria of Palos Hills, a 207-bed skilled nursing facility in Palos Hills, Illinois. Originally constructed in 1980, the facility underwent a major renovation and expansion in 2016 with the addition of a modern two-story wing connected to the original single-story structure. The original building primarily serves long-term care residents, while the n…
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