Firm News
Dec 10, 2025
Seyfarth Represents Madison Realty Capital in $285 Million Refinancing
December 10, 2025 – Seyfarth Shaw LLP represented an affiliate of Madison Realty Capital in connection with a $285 million bridge loan to refinance Greenpoint Central, a newly constructed, 473-unit Class A multifamily property in Brooklyn’s Greenpoint neighborhood. The property also includes 19,589 square feet of ground- and cellar-level retail space, enhancing the project’s integration into the surrounding neighborhood.
The bridge loan refinances the project’s existing construction financing and supports funding reserves, closing costs, and the return of equity to investors.
The Williamsburg–Greenpoint submarket has demonstrated sustained demand, driven by the area’s evolving waterfront, cultural institutions, and creative community.
Madison Realty Capital is a vertically integrated real estate private equity firm focused on real estate private credit. “We were pleased to represent Madison Realty Capital on this significant refinancing of Greenpoint Central,” said partner Jay Levinton, lead attorney on the deal. “This transaction recapitalizes a best-in-class multifamily asset in one of Brooklyn’s most dynamic submarkets and supports the delivery of much-needed housing in Greenpoint. Our team drew on Seyfarth’s deep experience in complex real estate finance to help structure and close a solution that aligns with Madison’s long-term investment objectives.”
The deal team also included partner Elizabeth Dahill and associate Michael Parachini.
About Seyfarth Real Estate
Seyfarth is home to a world-class real estate team that serves sophisticated clients across a number of industries. Recognized as one of the largest real estate practices in the US, we have experts in each of the largest money center markets across the country. We leverage our size and depth to partner with clients and to invest in material enhancements in how commercial real estate law is practiced.
About Seyfarth
With more than 975 lawyers across 17 offices, Seyfarth Shaw LLP provides top tier advisory, litigation, and transactional legal services to clients worldwide.
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