Luxcom Builders Secures $72 Million Bridge Loan From Dwight Mortgage Trust For Sereno Project In Sunrise

The asset involved in the transaction is a development site located at 8083 West Oakland Park Boulevard in the Sunrise market. The site is associated with the 235-unit Sereno multifamily project, which was completed in December 2025 and has reached over 40% lease-up within three months. The transaction included a bridge loan amounting to $72 million, which was utilized to refinance prior construction debt and to fund an interest reserve.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $72,000,000
• Lender: David Scheer, Alex Izso & Evan Fromen - Dwight Mortgage Trust
• Landlord: Oscar Barbara - Luxcom Builders
• Loan Type: Bridge

The loan was originated by David Scheer, Alex Izso, and Evan Fromen, who represented Dwight Mortgage Trust in the transaction. The refinancing was crucial for Luxcom Builders, led by Oscar Barbara, to transition from the construction phase to securing ongoing operational funding for the newly developed multifamily project.