Sky Equity Group Secures $340M Brooklyn Refi
The loan will help with construction and stabilization during the ongoing development.
Sky Equity Group has refinanced 313 Bond, its under development two-building, 603-unit Class A multifamily community in the Gowanus neighborhood of Brooklyn. The company secured a $340 million loan from Affinius Capital for the project, which will also feature 51,600 square feet of retail space. The loan will be used to finish construction and lease at the community until stabilization.
Upon completion, 313 Bond will be a Class A luxury development that will include 149 studios, 313 one-bedrooms and 141 two-bedrooms. The property will offer amenities including fitness centers, co-working spaces, package lockers and three rooftop terraces along with a library, game lounge and bicycle storage room.
Henry Bodek of Galaxy Capital arranged the refinancing loan.
The Real Deal previously reported in May 2024 that Brookyln-based developer Rabsky Group had secured a $294 million construction loan from G4 Capital for the project.
Former industrial zone goes multifamily
313 Bond is yet another mixed-use multifamily development in Gowanus, a neighborhood in the northwest section of Brooklyn. In 2021, the city government rezoned an 82-block stretch of the area, paving the way for residential and mixed-use development in what had previously been a heavily industrialized neighborhood.
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Society Brooklyn, a 21-story mixed-use community from Property Markets Group, opened in May 2025. Other future developments include Anagram Gowanus, a 158-unit multifamily joint venture between MacArthur Holdings and Tankhouse, and another four-building mixed-use community from Goose Property Management in nearby Boerum Hill. Nearby transportation options include the F, G, N, R, D, B and Q subway lines, and the neighborhood features numerous grocery stores, retail outlets and restaurants.
