July 11, 2023

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    Dwight Capital, HALL Structured Finance and other active construction lenders for July

    (2023 projected origination volume and preferences) Dwight Capital Volume: $1B Funded $350M so far this year; $10M-$200M loans for garden-style midrise multifamily in areas with strong barriers to entry; 85% LTC; 1.176x DSC; 6.25% rates; 40-year term/amortization plus up to two-year construction period; non-recourse; focused primarily on secondary markets such as Salt Lake City, Dallas, More