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Domain Lines Up $176M Financing for Mixed-Income Astoria Rentals

Summary by Connect CRE
The Domain Companies has closed on $175.6 million in financing with Wells Fargo for a new mixed-income housing project called Elara, which will deliver 429 new apartments in Astoria, Queens. Domain’s equity partners on the deal are Canyon Partners Real Estate and BLDG Management. The financing was brokered by Chris Peck and Nicco Lupo of JLL Capital Markets.  “Astoria is one of New York’s most vibrant and culturally rich neighborhoods, and it ha…
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Connect CRE broke the news on Tuesday, August 11, 2026.
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