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The Domain Companies LMXD Park Tower Group Secures $114 Million Loan For Greenpoint Multifamily

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FINANCED
$114,000,000
Christopher (Chris) Peck
Scott Aiese
+ 1

New York

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MultiFamily
Financed 08/12/2025
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FINANCED

The Domain Companies LMXD Park Tower Group Secures $114 Million Loan For Greenpoint Multifamily

21 Freeman Street

See Similar Deals
MultiFamily
Financed 08/12/2025
Christopher (Chris) Peck
Scott Aiese
+ 1
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Summary

NEW YORK
Asset Type:MultiFamily
Transaction Type:Loan

The property asset involved in this transaction is located at Greenpoint Landing, comprising three addresses: 21 Freeman Street, 37 Freeman Street, and 209 West Street in the Greenpoint market of Brooklyn. This multifamily asset consists of 1000 units and is associated with a loan amount of $114,000,000, structured as debt and equity capitalization.

Summary of transaction details:

The key individuals and companies involved in this deal include the lenders Bank OZK and InterVest, who collaborated to provide the financing. The landlords, which consist of The Domain Companies, LMXD, and Park Tower Group, played a significant role in managing the property during this transaction. The brokerage team from JLL, comprising Christopher Peck, Nicco Lupo, Rob Hinckley, and Scott Aiese, facilitated the deal.

Players

Christopher (Chris) Peck
70 deals$14.6B volume(212) 632-1812
BROKER

Rob Hinckley
JLL
81 deals$11.6B volume
BROKER

Scott Aiese
JLL
30 deals$2.7B volume
BROKER

Nicco Lupo
JLL
47 deals$9B volume
BROKER

Bank OZK
LENDER

Details

FINANCED
IMAGE: Christopher Peck, Nicco Lupo, Rob Hinckley & Scott Aiese DATE: 8/13/2025 ADDRESS: Greenpoint Landing - 21 Freeman Street, 37 Freeman Street & 209 West Street MARKET: Greenpoint, Brooklyn ASSET TYPE: Multifamily ~ UNITS: 1000 LENDER: Bank OZK (@BankOZK) & InterVest LANDLORD: The Domain Companies, LMXD & Park Tower Group BROKERS: Christopher Peck, Nicco Lupo, Rob Hinckley & Scott Aiese - JLL (@JLL) LOAN AMOUNT: $114,000,000 LOAN TYPE: Debt and equity capitalization

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$114,000,000.00

Monthly NOI$760,000.00
Monthly Debt Service$720,557.55
Change in Cash Flow$0.00
Refinance Proceeds$0.00