Dwight Capital, a New York City-based firm, has provided a $31.4 million HUD-insured loan for the refinancing of The Village at Lakefront, a 242-unit multifamily property located in Little Elm, North Texas. This financing includes an 0.25 percent green mortgage premium reduction due to the property’s National Green Building Standard Bronze certification process.
Situated on 6.4 acres near Lewisville Lake and 33 miles north of Downtown Dallas is 201 East Eldorado Parkway where The Village at Lakefront was built in 2017 and consists of two four-story apartment buildings with 242 units as well as a clubhouse featuring community room, fitness center and leasing office facilities . Brandon Baksh from Dwight Capital originated this financing through HUD’s 223(f) program on behalf ChadNic Properties – the borrower for this refinance loan deal .
