Matt Schwartz and Chris Papamichael

Co-founders and co-CEOs at Domain Companies

By Orion Jones May 8, 2026 2:08 PM

After a common-law marriage that spanned 16 years of professional collaboration, Matt Schwartz and Chris Papamichael’s Domain Companies officially tied the knot with Vorea Group last October.

Domain acquired Vorea and its subsidiaries, including a general contracting business and its commercial brokerage Igloo, for an undisclosed sum, while Papamichael’s cousin Peter, who founded Vorea, joined Domain to lead new acquisitions and business development.

“Domain’s business plan always included adding in-house building and leasing at some point,” said Schwartz, “which is something that Vorea had been building for a decade-plus.” Assets belonging to Vorea prior to the acquisition remain with Papamichael’s family office.

Domain has 5,000 multifamily apartments in its portfolio and over 2,000 in the pipeline, including at 41st Street in Astoria, Queens, where, picking up the pieces of the defunct Innovation QNS development, it will build 430 new apartments. Schwartz and Papamichael are planning another 1,000 new apartments across three residential buildings at Greenpoint Landing in Brooklyn, and 580 new units between a hotel and a residential building in Salt Lake City.

“We have prior hospitality experience,” said Papamichael. “We’ve done a few hotels in New Orleans, and when we looked at markets like Salt Lake City we saw the need for softly branded, high-end hospitality.”

Before the merger, Domain and Vorea collaborated on 420 Carroll Street in Gowanus, Brooklyn, a 360-unit multifamily building that secured a $205 million refinance loan after completing construction last summer. Today the project is more than 75 percent occupied. Domain is expanding its footprint in Gowanus at 545 Sackett Street, where 258 new apartments will hit the market in about a year.

In Long Island City, Queens, another pre-merger collaboration took place on the Hunter’s Point waterfront with 500 new apartments. Dubbed the Jasper, the project secured an upsized refinance loan of $290 million following a $220 million construction loan.