News & Analysis

Minimal lender impact seen after instability issues at Pfizer office conversion

Madison Realty Capital originated a $720 million senior loan to finance Metro Loft and David Werner’s residential conversion of the New York office building.

By

Randy Plavajka

and

Shihao Feng

9 July 2026•4 mins read

Deals New York North America Northeast United States Debt Senior debt Whole loans Alternative lenders Construction Debt funds Development finance Niche sectors

Related articles

alt

Pearlmark holds final close for sixth mezzanine debt fund

15 July 2026 · 4 mins read

alt

DOWNLOAD: PERE Credit’s Real Estate Lending Deals

14 July 2026 · 1 min read

alt

Ohio Teachers to focus on income-producing assets as it repositions portfolio

13 July 2026 · 3 mins read

alt

LACERA’s real estate head departs after two years

13 July 2026 · 3 mins read

alt

Rithm Capital lands $515m refi for Manhattan office tower

13 July 2026 · 3 mins read

alt

Iran ceasefire collapse reignites rate-hike prospects for European borrowers

13 July 2026 · 4 mins read

alt

Downgrades hit CMBS deal tied to troubled Paris office property

13 July 2026 · 3 mins read

motif