Dwight Mortgage Trust Announces Issuance of Inaugural Commercial Real Estate CLO
MIAMI–(BUSINESS WIRE)–
Transaction Highlights:
- Total Issuance Size: $925 million
- Collateral Type(s): 100% multifamily
- Advance Rate: 87.9%
- Reinvestment period: 2 years
- Co-Lead Managers / Bookrunners: J.P. Morgan, Atlas, Deutsche Bank
- Rating Agencies: Fitch, Kroll
The transaction features a dynamic capital structure designed to optimize proceeds while maintaining alignment with investors through Dwight Mortgage Trust’s retained equity interest and ongoing collateral management. The reinvestment period allows the manager to actively reposition the loan portfolio, subject to concentration and credit quality tests.
About Dwight Mortgage Trust
Founded in 2018, Dwight Mortgage Trust is a vertically integrated real estate investment firm with over $3.3 billion in assets under management. The firm focuses on originating and managing commercial real estate debt across a variety of property types and capital structures.
For more information, please visit: www.dwightmortgagetrust.com
Contacts
Media Contact:
Lindsay Morrison
Chief Marketing Officer
[email protected]
