Dwight Capital Secures $22,565,700 Refinance Loan For Multifamily Property In Hanford
1850 Centennial Drive
$22,565,700
Building Size
—
Asset Type
MultiFamily
Closing
Mar 25, 2026
AI
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
Hanford MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.70%
Cash-on-Cash
-0.20%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93