Dustin Braham & Jack Baron Of Dwight Mortgage Trust Refinance 28-Unit Multifamily In Bay Harbor Islands For $35M
FINANCED
$35,000,000
Florida
See Similar DealsMultiFamily91,270 SF
Financed 07/08/2025
FINANCED
Dustin Braham & Jack Baron Of Dwight Mortgage Trust Refinance 28-Unit Multifamily In Bay Harbor Islands For $35M
10281 West Bay Harbor Drive
See Similar DealsMultiFamily91,270 SF
Financed 07/08/2025
Summary
FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$383
Total Square Footage:91,270 SF
Transaction Type:Loan
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.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$35,000,000.00
Monthly NOI$233,333.33
Monthly Debt Service$221,223.81
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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