HUD lender profile
Dwight Capital LLC: HUD multifamily lending record
HUD insured 215 multifamily loans with Dwight Capital as lender in FY2022-FY2026, for $5.27 billion and 32,085 units. That is 8.3% of all HUD multifamily dollars in those years and #3 among lenders.
- HUD files it as DWIGHT CAPITAL LLC
- MAP On HUD's MAP lender list as of September 16, 2026
- Endorsement data run October 8, 2026
What the numbers say
In FY2026 it closed 45 HUD loans for $1.68 billion, up 98% from FY2025 and ranking #2 among HUD multifamily lenders that year.
223(f) was its largest program at 79% of five-year dollars, followed by NC/SR at 15%.
It lent in 37 states; California was the largest at 13% of dollars.
Its median loan was $16.4 million, close to the $14.3 million median for all HUD multifamily endorsements in the same years.
On 223(f) loans, the median time from firm commitment to initial endorsement was 79 days (180 loans), against 87 days for all lenders.
9 of its 215 loans (4%) carried low-income housing tax credits, against 32% across all HUD multifamily endorsements.
HUD volume by fiscal year
- 223(f)
- New construction / sub rehab
- Other programs
| FY | Loans | Dollars | 223(f) | NC/SR | Rank | |
|---|---|---|---|---|---|---|
| FY2026 | 45 | $1.68B | 37 | 6 | #2 | |
| FY2025 | 32 | $845M | 28 | 4 | #1 | |
| FY2024 | 13 | $272M | 12 | 1 | #10 | |
| FY2023 | 44 | $918M | 41 | 2 | #3 | |
| FY2022 | 81 | $1.56B | 62 | 4 | #4 | |
| FY2021 | 147 | $3.00B | 84 | 3 | #3 | |
| FY2020 | 105 | $1.84B | 62 | 5 | #2 | |
| FY2019 | 39 | $672M | 38 | 1 | #4 | |
| FY2018 | 52 | $814M | 35 | 6 | #7 | |
| FY2017 | 70 | $957M | 37 | 0 | #7 | |
| Since FY2015 | 712 | $13.66B | ||||
Program columns count loans. Rank is by dollars among all HUD multifamily lenders that fiscal year.
Program mix, FY2022-FY2026
| Program | Loans | Dollars | Median loan |
|---|---|---|---|
| 223(f) purchase or refinance | 180 | $4.18B | $16.0M |
| New construction or substantial rehab (221(d)(4), 220, 231, 213) | 17 | $786M | $46.8M |
| 223(a)(7) streamlined refinance | 14 | $232M | $11.9M |
| 241(a) supplemental loan | 4 | $76.7M | $21.2M |
Where it lends
| State | Loans | Dollars |
|---|---|---|
| California | 32 | $693M |
| Texas | 24 | $915M |
| Oregon | 13 | $206M |
| New York | 13 | $333M |
| New Jersey | 12 | $339M |
| Florida | 12 | $503M |
| North Carolina | 10 | $108M |
| Illinois | 9 | $204M |
| Nevada | 8 | $229M |
| Iowa | 7 | $147M |
| Washington | 7 | $111M |
| Colorado | 6 | $180M |
Firm commitment to closing
Days from the firm commitment date HUD records to initial endorsement, for this lender's FY2022-FY2026 loans. This is the last stretch of a HUD deal, after underwriting is done; it is not the whole timeline from application.
- All its loans with both dates (215)
- 81 days median
- Middle half of its loans
- 63-116 days
- 223(f) (180 loans)
- 79 days
- NC/SR (17 loans)
- 107 days
- 223(a)(7) (14 loans)
- 81 days
- All lenders, FHA programs, FY2022-FY2026
- 91 days
Most recent HUD endorsements
| Endorsed | Property | Program | Loan |
|---|---|---|---|
| 2026-09-29 | Halcyon Apartments · NV | 223(f) | $62.8M |
| 2026-09-29 | Castor Lofts · PA | 223(f) | $15.8M |
| 2026-09-17 | Clayborne Flatz · MI | 223(f) | $8.9M |
| 2026-09-16 | The Vic at Sunterra · TX | NC/SR | $46.8M |
| 2026-09-16 | The Americana · PA | 223(f) | $31.9M |
| 2026-09-15 | The Reserve at Willow Ridge · PA | 223(f) | $33.8M |
| 2026-09-03 | Birchwood Grove · IA | 223(f) | $60.3M |
| 2026-08-19 | 1833 N Hope Street · PA | 223(f) | $15.2M |
| 2026-08-11 | Greenback Terrace Apartments · CA | 223(f) | $16.7M |
| 2026-06-25 | Station at Passaic Phase II · NJ | 223(f) | $23.5M |
| 2026-06-17 | Monarch Apartments · TX | 223(f) | $18.4M |
| 2026-06-10 | Lofts on Novotny · MN | 223(f) | $11.6M |
Largest loans, FY2022-FY2026
| Property | Program | Loan |
|---|---|---|
| The Gardens Residences · FL | 223(f) | $130M |
| 100 East Wisconsin · WI | NC/SR | $114M |
| 224 West 124th Street · NY | 223(f) | $114M |
| 55 Union · NJ | 223(f) | $110M |
| Emerald Bay · FL | 223(f) | $67.0M |
| The Lariat at Abilene · TX | NC/SR | $66.4M |
| Woodstock West · GA | 223(f) | $66.3M |
| Halcyon Apartments · NV | 223(f) | $62.8M |
Its HUD servicing book today
HUD's active insured mortgage file (as of September 30, 2026) lists Dwight Capital LLC as servicer on 553 apartment loans with $10.45 billion of balance and 85,393 units. The median note rate on that book is 3.16%. 412 of the loans carry a rate under 4%. HUD lists the same name as holder of 553 loans.
- 223(f)
- 389 loans
- 223(a)(7)
- 131 loans
- 221(d)(4)
- 28 loans
- 241(a)
- 4 loans
- Other
- 1 loans
Largest servicing states: Texas (82), California (60), Oregon (43), Nevada (26), Washington (25), New York (22).
Compare it with the rest of the market in the HUD lender league table, see what recent loans closed at on HUD rates, or read how the 223(f) and 221(d)(4) programs work.
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