New York

BREDS backs Tishman Speyer New York office re-entry with $68.3m financing

The $105.5 million deal with EPIC marks Tishman Speyer’s first office acquisition in New York City since 2019.

Blackstone lands $850m CMBS financing for Manhattan office acquisition 

The real estate giant funded its acquisition of a minority stake in 1345 Avenue of Americas through a securitized financing package led by Morgan Stanley, Citi and JPMorgan.

Madison Realty, BH3 fund $135m Brooklyn condo development package

Charney Companies will use the debt to build a 45-story, 182-unit tower at 95 Rockwell Place in the Fort Greene submarket.

Silver Point-led JV finances $174.5m Brooklyn multifamily development

The senior and mezzanine debt will be used by Tavros Capital and Charney Companies to acquire and pre-develop a 1,000-unit project in the Gowanus neighborhood.

Durst lands $250m SASB loan for Midtown Manhattan office

The commercial mortgage-backed securities loan is one of the first expected to close after market volatility.

Clarion hires Pristaw as president

Josh Pristaw will take the helm of Clarion Partners, joining from Pretium.

Bain, Smith Hill fund $235m refinance of Montauk resort

The funding will be used by BLDG and Metrovest for a Class A resort on Long Island.

Affinius closes $215m construction financing for Manhattan multifamily tower

The project’s capital stack also includes a senior loan from Kennedy Wilson and junior mezzanine financing from InterVest Capital Partners.

Tishman Speyer lines up $166m development financing for Queens project

The affordable housing development’s financing is being led by New York State Homes and Community Renewal.

Rithm Capital REIT closes largest-ever MSR securitization  

The New York manager has completed a $878m securitization backed by mortgage servicing rights.