The Prime Company Secures $31M Bridge Loan From Dwight Mortgage Trust For Oxford Vista In Englewood

The asset involved in this transaction is a multifamily property with 146 units located at 4201 South Navajo Street in Englewood, CO. The Prime Company secured a bridge loan amounting to $31,000,000 from Dwight Mortgage Trust to refinance this property, which was completed in 2023, replacing prior debt while also establishing an interest reserve.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $31,000,000
• Loan Type: Bridge
• Units: 146
• Lender: David Scheer & Alex Izso - Dwight Mortgage Trust
• Landlord: The Prime Company

Key individuals involved in this deal include David Scheer and Alex Izso, who represent Dwight Mortgage Trust as the lender. Their collaboration with The Prime Company facilitated the refinancing of the Oxford Vista multifamily property, enhancing its financial structure.