Top 2025 construction lenders for NYC ground up, rehab, conversion: PincusCo analysis
New York City’s construction lending landscape in 2025 was defined by a significant investment of
New York City’s construction lending landscape in 2025 was defined by a significant investment of
Xin Development Group International, a division of the China-based Xinyuan Real Estate Co., placed the
Yitzchok Schwartz through the entity Hall Street Estates LLC paid $121.3 million to RXR Realty
ZD Jasper Realty through the entity ZDJ Greenpoint LLC submitted a proposal to the city
Bawabeh Holdings through the entity Midyan Gate Realty No. 2 LLC submitted an application with
ACORE Capital acting as administrative agent for a group of lenders, filed a $60 million
Emerald Group and Infinite Care through the entity 91 Tompkins SNF Realty LLC paid $82
Barings, the global investment manager and subsidiary of MassMutual, bought approximately 64 former New York
Extell Development, led by Gary Barnett, submitted a new building construction project for a 430-unit,