Domain Companies And Silverstein Properties Secure $205M Bridge Loan From AllianceBernstein For Gowanus Multifamily

The asset involved in this transaction is a multi-family property located at 420 Carroll Street, Gowanus, Brooklyn, comprising 360 units. The transaction was supported by a bridge takeout financing loan amounting to $205,000,000.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $205,000,000
• Address: 420 Carroll Street
• Market: Gowanus, Brooklyn
• Lender: AllianceBernstein L.P.
• Landlord: Domain Companies & Silverstein Properties
• Brokers: Christopher Peck, Peter Rotchford & Nicco Lupo - JLL
• Loan Type: Bridge Takeout Financing

The transaction involved key participants including the lender, AllianceBernstein L.P., and the landlords, Domain Companies and Silverstein Properties. The brokerage team representing the landlords comprised Christopher Peck, Peter Rotchford, and Nicco Lupo from JLL.