FINANCEDMultiFamily
Pollard Properties Secures $36 Million Refinance From Dwight Capital For Vista On The Park In Wright City
100 Parkview Drive
$36,000,000
Building Size
—
Asset Type
MultiFamily
Closing
Jun 12, 2026
AI
The property asset involved is a newly built multifamily community named Vista on the Park, which comprises 234 units located at 100 Parkview Drive in Wright City, Missouri. The refinancing loan secured is valued at $36 million, aimed at recapitalizing the asset.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $36,000,000
- Lender: Dwight Capital
- Landlord: Pollard Properties
- Loan Type: Refinance
- Date: 06/12/2026
This transaction was facilitated by Pollard Properties, which represents the ownership of the multifamily community. Dwight Capital serves as the lender providing the HUD 223(f) agency-backed refinancing for the project.
Players
Dwight CapitalLender
Pollard PropertiesLandlord
Market MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.44%
Cash-on-Cash
-0.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93