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1850 Centennial Drive

Updated Apr 22, 2026

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

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

1850 Centennial Drive

$22,565,700

Units

92

Asset Type

MultiFamily

Closing

Mar 25, 2026

About this deal

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

Dwight Capital
Dwight CapitalLender

Keith Hoffman

Originator

$739.3M

vol

10 deals

Originator

Hanford MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Loan transactions

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Deal FAQ

About $245.3K per unit across 92 units on a published $22.6M (2026).

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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

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