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Dwight Capital Secures $22,565,700 Refinance Loan For Multifamily Property In Hanford

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FINANCED
$22,565,700

California

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MultiFamily
Financed 03/26/2026
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FINANCED

Dwight Capital Secures $22,565,700 Refinance Loan For Multifamily Property In Hanford

1850 Centennial Drive

See Similar Deals
MultiFamily
Financed 03/26/2026
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Summary

CALIFORNIA
Asset Type:MultiFamily
Transaction Type:Loan

The asset involved in this transaction is a multifamily property located at 1850 Centennial Drive, in the Hanford market, comprising 92 units. The loan amount secured for this property is $22,565,700, under a refinance type loan.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $22,565,700
  • Lender: Keith Hoffman & Aaron Kirshtein - Dwight Capital
  • Landlord: Fresno Supreme, Inc. & Santa Lucia Ventures
  • Loan Type: Refinance
  • Date of transaction: 03/26/2026
  • Market: Hanford
  • Units: 92

Keith Hoffman and Aaron Kirshtein of Dwight Capital represent the lender in this deal. The transaction reflects successful navigation through two government shutdowns, showcasing the relationship with the San Francisco HUD office and the execution capacity of Dwight Capital. Over the past five years, Dwight Capital has achieved significant success in HUD refinances in the greater Fresno MSA.

Players

LENDER

Keith Hoffman
10 deals$626.3M volume
ORIGINATOR

Details

FINANCED
IMAGE: Keith Hoffman & Aaron Kirshtein DATE: 03/26/2026 ADDRESS: 1850 Centennial Drive MARKET: Hanford ASSET TYPE: Multifamily ~ UNITS: 92 LENDER: Keith Hoffman & Aaron Kirshtein - Dwight Capital (@DwightCap) LANDLORD: Fresno Supreme, Inc. & Santa Lucia Ventures LOAN AMOUNT: $22,565,700 LOAN TYPE: Refinance NOTE: “We successfully closed this HUD refinance in just over six months, all while navigating two government shutdowns. This is a testament to the impressive quality of the property our clients developed, the exceptional underwriting and closing execution by the Dwight Capital team, and our strong relationship with the San Francisco HUD office. Over the past five years, Dwight Capital has originated more than 50% of all HUD refinances in the greater Fresno MSA. It has become a highly successful market for our team, and we look forward to many more opportunities ahead.” - Keith Hoffman

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$22,565,700.00

Monthly NOI$150,438.00
Monthly Debt Service$142,630.57
Change in Cash Flow$0.00
Refinance Proceeds$0.00