James Curnin Of Clara Homes Secures $35 Million Refinance Loan From Dwight Mortgage Trust
Florida
See Similar DealsJames Curnin Of Clara Homes Secures $35 Million Refinance Loan From Dwight Mortgage Trust
10281 East Bay Harbor Drive
See Similar DealsSummary
The asset involved in this transaction is a six-story multifamily property located at 10281 East Bay Harbor Drive in Bay Harbor Islands, comprising 28 units. The loan amount provided for this asset is $35,000,000, categorized under refinance type financing.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $35,000,000
- Lender: Dwight Mortgage Trust
- Landlord: James Curnin - Clara Homes
- Broker: Adam Schwartz - Walker & Dunlop
- Loan Type: Refinance
- Units: 28
- Market: Bay Harbor Islands
Key individuals involved in the transaction include James Curnin, who represents Clara Homes, and Adam Schwartz, who facilitated the financing arrangement through Walker & Dunlop. The financing is intended to pay off an existing construction note, fund an interest reserve, and cover transaction costs associated with the property.
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