Dealmaker: Dwight Capital, Dwight Mortgage Trust Close Transactions in Midwest

Dwight Capital, New York, closed a combined $61.9 million in HUD 223(f) financing for two multifamily properties on behalf of Continental Properties. Additionally, Dwight Mortgage Trust, the affiliate REIT of Dwight Capital, financed a $230 million bridge loan to facilitate the acquisition of a 19-property skilled nursing/assisted living portfolio located throughout Ohio.

Housing Market ‘Stuck in a Rut,’ Zonda Finds

The housing market is stuck in a rut, according to Zonda, Newport Beach, Calif. Resale activity remains sluggish and new home sales are down compared to this time last year.

Clayco Survey: Americans Largely Support Local Data Centers

Clayco, Chicago, polled Americans on how receptive they are to data centers being built in their communities, finding 73% would support a local data center within 20 miles of their home if it brought jobs, investment and tax relief.