Dwight Capital Funds $14+ MM of Bridge & Mezz On A Pair of OH SNF’s

Dwight Capital is pleased to announce the closing of two pairs of bridge and mezzanine loans on Meadows Health Care Center, a 99-bed facility in Cincinnati and Willowood Care Center, a 100-bed facility in Brunswick, OH.  Both facilities provide long-term nursing health care services and rehabilitative services by providing 24-hour nursing care, specialty care, and various therapies. 

 The bridge loans on both facilities equated to approximately 77% LTV and the mezzanine financing increased the LTV to 85%.  The combined loan amounts equated to $6,803,000 for Meadows and $7,399,000 for Willowood.