James Curnin Of Clara Homes Secures $35 Million Refinance Loan From Dwight Mortgage Trust

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.