JLL Real Estate Capital Provides $43.32M Refinance Loan For 181 Front Street Multifamily In Dumbo

The asset involved in this transaction is a multifamily property located at 181 Front Street in Dumbo, Brooklyn, comprising 105 units. The loan amount secured is $43,325,000 for the purpose of refinancing.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $43,325,000
• Lender: JLL Real Estate Capital
• Date of Transaction: 11/5/2025
• Brokers: Michael Zaremski, Michael Shmuely & John Flynn - JLL

The transaction was facilitated by brokers Michael Zaremski, Michael Shmuely, and John Flynn, all representing JLL. Their representation played a crucial role in the refinancing process for the property at 181 Front Street.