Briefs from Dwight Capital, Love Funding, Colliers International
Dwight Capital Acquires Love Funding
Dwight Capital LLC, New York, acquired Love Funding, the HUD lending subsidiary of Midland States Bank.
The acquisition made Dwight Capital the largest dedicated FHA/HUD Multifamily and Healthcare financing firm in the nation.
Midland States Bank will retain the existing Love Funding servicing portfolio. The Love Funding Platform will be integrated within Dwight Capital.
Led by Co-CEOs Adam Sasouness and Josh Sasouness, Dwight Capital’s services include commercial lending across a variety of platforms such as FHA/HUD, bridge and mezzanine financing as well as preferred equity for both stabilized and new-construction properties. The firm has been a top-five multifamily HUD lender over the past five years by both transactions and dollar amount.
Colliers International Expands to Nashville, Tenn.
Colliers International Group announced the acquisition of Colliers International Nashville LLC, which was previously an affiliate operation. The current shareholders of Colliers Nashville will retain equity in the business under Colliers’ unique partnership model.
With a history dating to 1938, Colliers Nashville has 70 professionals that provide landlord agency, tenant representation, investment sales brokerage, property management and project management services to investors, developers and occupiers of commercial real estate.