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Dwight Capital Secures $48.3 Million HUD Loan for Colorado Springs Apartment Complex

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Published on 2025-08-11 18:01:00
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Dwight Capital Secures $48.3 Million HUD Loan for Colorado Springs Apartment Complex

Mortgage Arrangement for Plaza at Pikes Peak

Dwight Capital has arranged a mortgage of $48.3 million through the U.S. Department of Housing and Urban Development’s 223(f) program for the Plaza at Pikes Peak, a 215-unit residential community in Colorado Springs, Colorado.

Property Details

Completed in 2022 by a partnership between Dunn & Associates and Denver Land Co., the property is located at 702 East Pikes Peak Avenue. The apartments feature modern amenities such as keyless entry, quartz countertops, stainless-steel appliances, and wood-style flooring. Some units offer additional features like kitchen pantries, islands or mobile islands, and walk-in closets. Rental rates range from $1,434 for a compact studio to $2,752 for a larger two-bedroom, two-bathroom unit spanning 1,180 square feet.

Community Amenities

The community boasts a central courtyard with a swimming pool and hot tub, a fitness center with a yoga studio and spinning room, coworking spaces, grilling stations, and a rooftop lounge, enhancing resident lifestyle.

Contact Information

For comments or inquiries, contact Orest Mandzy at (267) 865-3680 or via email.

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