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5101 Lakeview Parkway

Updated Oct 15, 2026

Dolan Homes LLC Secures $60 Million Refinance From Jonathan Pomper & Josh Hoffman In Davenport IA
FINANCEDMultiFamily

Dolan Homes LLC Secures $60 Million Refinance From Jonathan Pomper & Josh Hoffman In Davenport IA

5101 Lakeview Parkway

$60,000,000

Units

194

Asset Type

MultiFamily

Closing

Oct 12, 2026

About this deal

AI

The asset involved in this transaction is a 194-unit multi-family community located at 5101 Lakeview Parkway, Davenport, IA. This property was the subject of a refinance transaction amounting to $60,000,000.

Summary of transaction details:

This refinance deal was facilitated by Dwight Capital, which specialized in closing HUD 223(f) refinances. The specific property involved in this transaction is Birchwood Grove, a townhome community situated at 5101 Ravenwood Lane in Davenport, Iowa.

On the Map

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$60,000,000

MultiFamily

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Players

Josh Hoffman

Dwight Capital

Lender

$277.2M

vol

7 deals

Lender

Davenport MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Loan transactions

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Deal FAQ

About $309.3K per unit across 194 units on a published $60M (2026).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.26%

Cash-on-Cash

-0.08%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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