Jordan Kavana Of ARK Homes For Rent Secures $44.3M Bridge Loan From Dwight Mortgage Trust
65 Auburn Road & 20 Lakefront Dr
$44,300,000
Building Size
—
Asset Type
Single Family Residence
Closing
Aug 6, 2025
AI
The properties involved in the transaction are located at 65 Auburn Road and 20 Lakefront Drive in Auburn & Port Wentworth, GA. The asset type is single-family residence (SFR), and they are part of a larger investment in new build-to-rent communities.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $44,300,000
- Lender: Dwight Mortgage Trust
- Landlord: Jordan Kavana - ARK Homes for Rent
- Loan Type: Bridge
ARK Homes for Rent secured two bridge loans from Dwight Mortgage Trust, with amounts of $27.8 million and $16.5 million, designated for the development of the aforementioned communities in Georgia.
Players
Dacula Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Loan transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.36%
Cash-on-Cash
-0.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93