Domain Companies snags $200M for Gowanus rental refi

Domain Companies landed $205 million to refinance its 300-plus unit apartment complex in Gowanus.  AllianceBernstein provided the financing, which replaces $176 million in loans issued by Bank OZK in 2022. The two-building project at 420 Carroll Street includes 360 apartments, of which 90 are affordable, and 27,000 square feet of commercial space.  Matt Schwartz, co-CEO of Domain, said in a statement that the refinancing, arranged by JLL and Newmark, “represents a vote of confidence in the project, underscoring the demand we’ve seen during the lease-up of the building.” The building is more than 60 percent leased, according to the developers.   […]This article originally appeared on The Real Deal. Click here to read the full story.