The Domain Companies Secures $175.6M Construction And Equity Loan From Wells Fargo And Canyon Partners In Astoria

The asset involved in the transaction is a multifamily property located at Elara, 35-45, 35-33 & 35-42 41st Street in Astoria, Queens. The property is financed through a combination of construction and equity placement, with a loan amount of $175,600,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $175,600,000
• Lender: Wells Fargo
• Equity Partner: Canyon Partners Real Estate
• Borrower: The Domain Companies
• Loan Type: Construction + Equity Placement

The key individuals involved in this transaction are Christopher Peck and Nicco Lupo, who are representatives within the transaction context. They are associated with the financing structure involving Wells Fargo and Canyon Partners Real Estate.