Dwight & Co has expanded its seniors housing and healthcare financing solutions by launching working capital revolving lines of credit (revolvers). The company also announced a couple of new hires.
The revolvers will integrate into Dwight’s existing bridge, mezzanine, and HUD healthcare lending platform, providing a comprehensive suite of financial solutions for healthcare operators. In January 2024, Dwight closed its first two revolvers and also has a strong pipeline of new business. The revolvers were structured to complement Dwight’s bridge mortgage loans.
In addition, to support its originations, underwriting, capital markets, asset management and servicing areas of business, Dwight expanded its team by welcoming Paige Ela as Managing Director of Healthcare Finance and Itay Silverberg as Director of Analytics.
Ela has over 20 years of experience working in healthcare at both public and privately held institutions, including SEC and FDIC-regulated firms. She joined Dwight following five years at Forbright Bank, serving as Executive Vice President and COO of Healthcare Lending.
Silverberg was previously the Head of Data Analytics at Greystone Monticello LLC, where he managed a team and external vendor relationships to support the firm’s strategic data and technology initiatives. He was responsible for developing and managing the firm’s portfolio management platform, which serviced a portfolio of over $5 billion.
