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
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