Dwight Capital, its affiliate REIT, Dwight Mortgage Trust (DMT), and Dwight Healthcare Funding (DHF) provided a combined $284 million in seniors housing financings during the third quarter of 2025. The transactions included a mix of HUD, bridge, and revolving line of credit financings across 14 states.
One of the featured transactions, originated by Adam Offman, was a $26 million HUD 232/223(f) refinance closed by Dwight Capital for Advanced Center for Nursing and Rehab, a 226-bed skilled nursing facility in New Haven, Connecticut. Proceeds will refinance existing debt and fund capital improvements.
In another featured transaction originated by Offman, DMT provided a $24.5 million bridge loan to support the acquisition of a three-property, 261-bed skilled nursing portfolio in Bossier City and Oak Grove, Louisiana. To complement the bridge execution, DHF supplied a $5.5 million working capital line of credit to bolster operational liquidity and capital needs.
There were multiple other Q3:25 seniors housing transactions of note. Several were HUD 232/223(f) financings, including a $19.7 million loan for Hampden Hills, a 218-bed SNF in Aurora, Colorado, and a $17.5 million loan for a 93-bed SNF in Columbus, Ohio. Additionally, a $16.2 million financing was closed for Creekside Center for Rehabilitation and Nursing, a 139-bed SNF in Madison, Tennessee, along with a $14.1 million loan for Epsom Healthcare Center, a 108-bed SNF in Epsom, New Hampshire. In one final highlighted HUD transaction, a 125-bed assisted living community in Cannon Falls, Minnesota, received a $13.7 million loan.
There were three bridge refinancings, as well. These transactions included a $31.8 million financing for two SNFs in the Southeast that total 261 beds, $15.0 million for Regal Heights, a 172-bed SNF in Hockessin, Delaware, and $12.1 million for Lady Lake Senior Living, a 115-bed AL community in Lady Lake, Florida.
Lastly, two notable bridge acquisition loans closed. One was a $22.0 million financing for a 322-bed portfolio comprising four AL communities and SNFs in Rochester and Pine Island, Minnesota, Barrington, Illinois, and Greendale, Wisconsin. Another was a $20.0 million loan secured by Cheltenham Nursing and Rehabilitation Center, a 255-bed SNF in Philadelphia, Pennsylvania, and it included a $4.0 million revolving line of credit.
