LUXCOM Lands $72M Refi for Fort Lauderdale Community
The property came online last year.
LUXCOM has obtained a $72 million bridge refinancing loan for Sereno, a 235-unit luxury community in Sunrise, Fla. Dwight Mortgage Trust originated the note.
The borrower will use the process to repay construction debt, cover transactions costs and establish an interest reserve.
Previous financing includes a $41.4 million construction loan from Centennial Bank, dating back from February 2022, Yardi Matrix information shows. Two years later, the same bank originated another note for $46.6 million.
The multifamily development came online last year at 8083 W. Oakland Park Blvd., close to a host of dining and retail options, including the Inverrama Shopping Plaza. Downtown Fort Lauderdale, Fla., is within 11 miles, while downtown Miami is 30 miles away.
Sereno consists of six three- and four-story buildings across almost 10 acres. Apartments comprise one-, two- and three-bedroom floorplans ranging from 727 to 1,382 square feet and have private balconies.
Common-area amenities include a swimming pool, movie theater, coworking space, fitness center, catering kitchen and a grab-and-go market. The property also has multiple communal gathering areas, a clubhouse, private dining area, a spa, a dog park and EV charging stations.
Dwight Mortgage Trust Managing Director David Scheer, along with Originators Alex Izso and Evan Fromen, originated the note on behalf of the borrower.
Multifamily loan originations stabilize
Multifamily loan originations rose 22 percent year-over-year by the fourth quarter of 2025, according to the Mortgage Bankers Association. Quarterly, the volume increased a more measured 17 percent, signaling a market that’s stabilizing rather than accelerating.
Looking ahead, MBA’s latest forecast projects that the multifamily origination volume will rise about 21 percent to roughly $399 billion in 2026, signaling a firmer recovery in lending activity. In Miami, one of the largest originations in the first quarter of this year was a $150 million financing for Mohawk at Wynwood. The package included $124.2 million in C-PACE loan, making it the largest C-PACE-financed multifamily deal in the state.
