Dwight Capital Provides $37.2M Bridge Loan For Houston Multifamily Acquisition

Located at 11810 Algonquin Dr in Houston, this multifamily property consists of 460 units. The asset, owned by Bodka Creek Capital, recently underwent a closed transaction.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $37,200,000
• Market: Houston
• Lender: Dwight Capital - Adam Sasouness
• Landlord: Bodka Creek Capital
• Loan Type: Bridge Loan

The lender for this transaction was Dwight Capital, represented by Adam Sasouness. They provided a bridge loan worth $37,200,000 for the acquisition of the property by Bodka Creek Capital. The deal was successfully closed on 12/29/2021.