New York

Brookfield lands $1.9bn CMBS refinancing for Hudson Yards office 

The New York-based manager re-ups on its trophy office asset stake in the Hudson Yards submarket.

Naftali Credit Partners plans third real estate debt fund launch

The real estate credit lending arm of Naftali Group will target $1bn in capital commitments following a $302m raise for its prior installment.

Ladder Capital funds $268m financing for New York office acquisition 

Sovereign Partners is set to buy 575 Fifth Avenue for around $400m.

Clearwater PACE holds initial close of Ares-backed $300m C-PACE strategy

The specialist firm will funnel capital from Ares Alternative Credit funds toward $40m-$50m loans with an average LTV of about 35%.

Resi conversions are helping to bring Manhattan’s office market back into favor

Tenant demand for a decreasing amount of space is leading bank and non-bank lenders to be more willing to finance developments, redevelopments and refinancings.

Apollo closes $420m office-to-resi construction loan for RXR-backed conversion

The debt funding will be used alongside a $55m tax equity investment from JPMorgan Chase to retool RXR and One Investment Management’s 61 Broadway.

Wells Fargo provides a $450m CMBS loan for 1250 Broadway  

The New York office market is propped up with refinancings in the first two months of 2026.

Atlas Real Estate launches small-balance lending platform

The firm has also launched a targeted $150m fund focused on providing short-term loans to borrowers on the East Coast and in the Sun Belt.