facebook

traded

+ Submit
Home

/

Deals

/

Georgia

/

Single Family Residence

/

Loan

/

65 Auburn Road

Jordan Kavana Of ARK Homes For Rent Secures $44.3M Bridge Loan From Dwight Mortgage Trust
FINANCEDSingle Family Residence

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

DT
Dwight Mortgage TrustLender

Jordan Kavana

Landlord

$86.5M

vol

3 deals

Landlord

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