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10281 West Bay Harbor Drive

Dustin Braham & Jack Baron Of Dwight Mortgage Trust Refinance 28-Unit Multifamily In Bay Harbor Islands For $35M
FINANCEDMultiFamily

Dustin Braham & Jack Baron Of Dwight Mortgage Trust Refinance 28-Unit Multifamily In Bay Harbor Islands For $35M

10281 West Bay Harbor Drive

$35,000,000

$383/SF

Building Size

91,270 SF

Asset Type

MultiFamily

Closing

Jul 7, 2025

AI

The property asset involved in this transaction is a multifamily unit containing 28 units, with a total square footage of 91,270. It is located at 10281 West Bay Harbor Drive in the Bay Harbor Islands market. The transaction includes a refinance loan amount of $35,000,000.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $35,000,000
  • Address: 10281 West Bay Harbor Drive
  • Market: Bay Harbor Islands
  • Units: 28
  • Square Footage: 91,270
  • Lender: Dustin Braham & Jack Baron - Dwight Mortgage Trust
  • Landlord: James Curnin
  • Broker: Adam Schwartz - Walker & Dunlop
  • Loan Type: Refinance

This transaction features key individuals including lenders Dustin Braham and Jack Baron, who represent Dwight Mortgage Trust, along with James Curnin as the landlord. Broker Adam Schwartz from Walker & Dunlop facilitated the deal, contributing to the refinance execution.

Players

Adam Schwartz

Walker & Dunlop

Broker

$25.7B

vol

166 deals

Broker
Walker & Dunlop
Walker & DunlopBrokerage

Dustin Braham

Dwight Mortgage Trust

Lender

$538.4M

vol

10 deals

Lender
James Curnin

James Curnin

Landlord

$207.5M

vol

9 deals

Landlord

Bay Harbor Islands MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.45%

Cash-on-Cash

-0.13%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93