06/10/2026 | Press release | Distributed by Public on 06/10/2026 11:48
Dwight Mortgage Trust ("DMT"), the affiliate REIT of Dwight Capital, has provided a $38.6 million bridge loan to finance a portfolio of four skilled nursing and assisted living facilities totaling 487 beds across New York, Ohio, and Pennsylvania.
The loan includes the refinancing of the 80-bed Highland Park Rehabilitation and Nursing Center in Wellsville, NY, and the acquisition of three additional facilities: the 118-bed Harmony Healthcare Nursing & Rehabilitation in Xenia, OH; the 57-bed Aristos Healthcare and Nursing Center in Cleveland, OH; and the 232-bed Corner View Nursing and Rehabilitation Center in Pittsburgh, PA.
In conjunction with the bridge financing, Dwight Healthcare Funding has also provided an $8 million working capital line of credit to support ongoing operations across the portfolio
The transaction was originated by Dwight's Josh Levin and Noah Greenwald on behalf of the borrower, Eminent Care.