PMG, Carlyle JV unveil 21-story, 517-unit Brooklyn Mixed-Use Development, Society Brooklyn

Society Brooklyn, a new 21-story, 517-unit mixed-use multifamily community from national developer Property Markets Group, has received its official opening in Brooklyn, N.Y.

The project was first announced in 2023, as a joint venture between PMG and The Carlyle Group. Following its securing of $520 million in construction financing in June of that year, the developers topped out on the property in 2023.

The Carlyle Group (Nasdaq: CG)
Matt Ballinger | Principal, Real Estate Credit Opportunities
PMG (Property Markets Group)
Ryan Shear | Managing Partner-Acquisitions/Development
The Carlyle Group (Nasdaq: CG)
Timothy Bruning | Managing Director, US Real Estate

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