Adam Sasouness and Josh Sasouness

Dwight Capital’s rise continued in 2025, and the private lender is showing no signs of slowing down.

The company closed $5 billion of debt across 177 loans from March 2025 to March 2026, nearly double its output from the year-earlier period and 233 percent higher than two years ago. Dwight’s sharp growth is expected to further accelerate in 2026, with
$7 billion of lending volume projected for the year. 

“Our culture is our No. 1 competitive advantage,” said Josh Sasouness, who co-founded Dwight in 2014 with his brother Adam Sasouness. “We have good people, it’s collaborative, and we have a very holistic approach.”

Dwight also has used versatility as a competitive advantage with multiple platforms providing U.S. Department of Housing and Urban Development-backed debt as well as construction and bridge debt loans through Dwight Mortgage Trust (DMT), its private real estate investment trust. The firm’s Dwight Healthcare Funding offering launched in 2024, adding another lending arsenal for health care facility owners.

DMT closed the largest transaction in Dwight’s 13-year history in June 2025 with a $230 million bridge loan to LionStone Care for the acquisition of a 19-property skilled nursing and assisted living portfolio in Ohio.

In August 2025, DMT supplied a $155 million bridge loan for Beitel Group to refinance the 405-unit 261 and 315 Grand Concourse development in the Bronx’s Mott Haven neighborhood. The refi retired a $135 million construction loan obtained a year earlier to complete the project and provided a “significant cash-out” to the borrower, according to Dwight. 

Josh Sasouness said Dwight’s long-standing strategy of direct lending without brokers separates it from the lending competition by establishing deeper borrower relationships. He said 70 to 75 percent of Dwight’s originations were direct loans compared to the industry standard of less than 10 percent. 

“It gives us an enormous element of control and direct long-standing interpersonal relationships with sponsors all over the country,” Josh Sasouness said. “It’s a major competitive advantage to have such relationships.