NewsFeb 12, 20260 views
Dwight Capital Provides $60M HUD Loan for Salt Lake City Apartments
Lotus Company has sealed $60 million of U.S. Department of Housing and Urban Development (HUD)-backed debt to develop a Salt Lake City multifamily project, Commercial Observer can first report. Dwight Capital closed the HUD 221(d)(4) construction loan for the planned 184-unit Lotus Alchemy developme
Lotus Company has sealed $60 million of U.S. Department of Housing and Urban Development (HUD)-backed debt to develop a Salt Lake City multifamily project, Commercial Observer can first report. Dwight Capital closed the HUD 221(d)(4) construction loan for the planned 184-unit Lotus Alchemy development in Downtown Salt Lake City. Terms for the nonrecourse transaction enable […]
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