New York

RFR lands $160m refinancing for New York office tower

RFR was facing a potential foreclosure on 475 Fifth Avenue prior to securing the refinancing.

Fortress exits Manhattan office tower after prior loan takeover

The New York-based manager assumed control of the asset from sponsor Somerset and Meadow Partners in 2023 before opting for its own exit.

Brookfield sees record fundraising as interest rises in credit strategies

Bruce Flatt says retail and high-net-worth investor channels will bolster fundraising momentum for real estate strategies broadly.

Blue Owl plans commingled real estate credit strategy launch

With Jesse Hom at the helm, the firm is building up its real estate credit platform after the acquisition of Prima Capital Advisors.

New York’s MetLife Building slated for $1.5bn CMBS refinancing 

The commercial mortgage-backed securities market continues to be a home for large-scale refinancings for Class A office properties.

Ivanhoe Cambridge lands $1.13bn refinancing for 3 Bryant Park

Wells Fargo, Bank of America and Bank of Montreal led the financing recharge for the Midtown Manhattan office tower.

Cityview hires Donner to head fund development, capital strategy

Donner, who fills a newly created role, joins the firm from PIMCO Prime Real Estate.

Tishman Speyer lines up $2.85bn to refinance Hudson Yards trophy

The New York-based investment manager secured another major commercial mortgage-backed securities loan followed by its $3.5bn refinancing on the Rockefeller Center.

Marathon funds $120m New York luxury condo development

The project, being developed by Ascendant Capital Partners, is in the city’s West Village submarket.