The 20-story tower in Manhattan’s Financial District will be converted into a 382-unit multifamily property with a mix of market-rate and affordable housing.
3 min read · 09 February 2026
JEMB Realty will use the $8m loan to fund Herald Towers’ infrastructure upgrades alongside existing debt from Blackstone and Corebridge.
4 min read · 09 February 2026
InterVest has secured an $867m financing package to convert the long‑vacant building into a 30‑story luxury residential tower, marking one of the largest single‑asset office‑to‑residential conversions in the market.
2 min read · 06 February 2026
The $159bn retirement system currently has 15% of its portfolio allocated toward real estate, against a 17% target.
2 min read · 27 January 2026
The firm reached its hard-cap for BSP Real Estate Opportunistic Debt Fund II with 29 months of time logged fundraising on the road.
4 min read · 09 January 2026
The office owner obtained a financial boost for the expansion of its Park Avenue office portfolio.
2 min read · 08 January 2026
The office development will serve as Deloitte’s US headquarters and is being financed by Wells Fargo, Bank of America and Standard Chartered.
3 min read · 05 January 2026
The New York-based investment management firm exceeds its initial target of $515m.
3 min read · 23 December 2025
The debt will be used alongside an $88.4m C-PACE component to convert the vacant asset into a 30-story, 1,568-unit tower.
2 min read · 23 December 2025
