US EditionDwight Mortgage Trust Provides $50M Acquisition Loan for Coastal New Jersey Multifamily Property
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Dwight Mortgage Trust Provides $50M Acquisition Loan for Coastal New Jersey Multifamily Property
TOMS RIVER, N.J. — Dwight Mortgage Trust, the affiliate REIT of New York City-based Dwight Capital, has provided a $50 million bridge loan for the acquisition of Silverwoods, a 313-unit multifamily property located in the coastal New Jersey community of Toms River. The 55-acre, age-restricted property consists of 46 one-story buildings that house seven studios, 41 one-bedroom units and 265 two-bedroom units. Amenities include a pool, fitness cen…
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