Dwight Mortgage Trust Announces Issuance of Inaugural Commercial Real Estate CLO

MIAMI--(BUSINESS WIRE)--Dwight Mortgage Trust LLC, a leading commercial real estate investment and finance platform, today announced the pricing of its inaugural Commercial Real Estate Collateralized Loan Obligation (“CRE CLO”), DWIGHT 2025-FL1, a $925 million securitization backed by a diversified pool of multifamily mortgage loans. The transaction marks a significant milestone for Dwight Mortgage Trust, expanding its capital markets capabilities and further institutionalizing its real estate credit platform. The CRE CLO is collateralized by 30 mortgage assets secured by multifamily, income-producing properties across the United States. “We are excited to bring our first CRE CLO to market,” said Jai Agarwal, President and COO at Dwight Mortgage Trust. “This transaction provides us with a strategic, scalable financing vehicle that enhances our funding flexibility, supports continued loan origination growth, and aligns with our long-term asset management strategy. As our business continues to grow, we expect to periodically access the CRE CLO market.”

“This transaction provides us with a strategic, scalable financing vehicle that enhances our funding flexibility, supports continued loan origination growth, and aligns with our long-term asset management strategy."

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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