A regional restaurant group with a reputation for beer and a local pitmaster known for his way around the smoker are bringing a two-pronged concept to downtown New Orleans, very close to the Caesars Superdome and Smoothie King Center.

A craft brewery and a barbecue restaurant are set to move into the South Market neighborhood in downtown New Orleans this fall.

The Domain Companies, a leading real estate and development firm based in New York City, in partnership with the Urban Investment Group within Goldman Sachs Asset Management (Goldman Sachs), Mega Contracting, and VOREA Group, announced the closing of a $142 million construction loan with U.S. Bank for Majestic, located at 540 DeGraw Street in Brooklyn’s rapidly growing Gowanus neighborhood.

US$ 17M loan provided for multifamily Gowanus project

Domain Companies has closed on a $176M construction loan for a 360-unit multifamily development that will feature two apartment towers at 420 Carroll Street on the Gowanus Canal waterfront in Brooklyn.

Domain Companies has closed on a $176 million construction loan to complete a 360-unit two-tower development at 420 Carroll Street in Gowanus, Brooklyn. Designed by FXCollaborative, the waterfront property will comprise a 20-story tower, a 15-story tower, and a publicly accessible connection to the Gowanus Canal promenade.

Domain Cos. has landed $176 million in construction financing to build its 360-unit community in Brooklyn’s recently-rezoned Gowanus neighborhood.

The live-work-play building with an iconic flamingo graphic was designed by Eskew Dumez Ripple for Salt Lake City’s burgeoning creative class.

“Salt Lake City is becoming increasingly more challenged. Demand is increasing, and supply is not keeping pace, says Matt Schwartz, CEO of Domain Companies. “It’s becoming difficult to create housing in Salt Lake given where costs are going, both construction and operational. Interest rates are also rising, and capital is becoming more scarce—that supply and demand imbalance is growing and impacting affordability levels,” says Schwartz.

Domain Companies has secured construction financing to bring more than 300 apartments to Gowanus amid a wave of new development in the rezoned Brooklyn neighborhood.