Barings
(MassMutual, Massachusetts Mutual Life Insurance Company)
People:
Barings NYC portfolio
$395.9 million* – office 81.0%, hotel 18.0%; Manhattan 99.0%, Bronx 0.0%
438th largest portfolio by dollar value
973,060 sqft – office 89%, hotel 10%;
347th largest by SF
3 properties – Manhattan 100%, Bronx 0%
2214th largest
1 foreclosure, 0 bankruptcies, 0 other court cases.
Company Activity past 24 months:
Buyer company: 2 for $322.3 million
Seller company: 1 for $116 million
Lender company: 4 for $527.9 million
Top Ten Associated Companies:
Chartres Lodging Group (2), Artimus (2), Principal Global Investors (1), L&L Holding Company (1), Channa Taub (1), Tavros Capital (1), Charney Companies (1), Canyon Partners (1), ATCO Properties & Management (1), Tishman Speyer (1)
Top Ten Associated People:
Yoav Haron (2), Robert T. Lapidus (1), Robert D. Kline (1), Channa Taub (1), Nicholas Silvers (1), Damon Hemmerdinger (1), Paul A. Galiano (1), Fred Stevens (1), Johnna Donahue (1), Kristine Soliday (1)
Recent activity as company:
• RXR Realty and Ontario Pension Board sold 334-342 Madison Avenue, Grand Central, Manhattan for $161.3 million to Barings on March 14, 2025.
• Spear Street Capital borrowed $24 million from Blackstone Group for 165 Mercer St, SoHo, Manhattan on February 26, 2025.
• Carlyle Group and Stonehenge NYC borrowed $232.3 million from Barings and Ares Commercial Real Estate for 235 West 48th Street, Midtown West, Manhattan on December 16, 2024.
• Mack Real Estate Group borrowed $89 million from JPMorgan Chase for 50 N. 5th Street, Williamsburg, Brooklyn on August 05, 2024.
• Barings sold 100 Wall Street, Financial District, Manhattan for $116 million to David Werner Real Estate Investments and BLDG Management on July 29, 2024.
• Principal Real Estate Investors sold 1370 Avenue Of The Americas, Midtown West, Manhattan for $161 million to Barings on May 01, 2024.
• Tishman Speyer borrowed $92.7 million from MassMutual for 150 West 56th Street, Midtown West, Manhattan on October 26, 2023.
• Tavros Capital, Charney Companies and Canyon Partners borrowed $119.9 million from MassMutual for 251 Douglas Street, Gowanus, Brooklyn on July 28, 2023.
• ATCO Properties & Management borrowed $83 million from MassMutual for 40 Central Park South, Midtown West, Manhattan on May 18, 2023.
• Artimus borrowed $7 million from MassMutual for 251 West 117th Street, Harlem, Manhattan on October 25, 2022.
Latest Stories:
• Long-time owners sell SoHo commercial for $40M to Spear Street Capital (February 26, 2025)
• Spear Street pays $52M to KPG for retail in SoHo, just above $51M 2022 loan (September 26, 2024)
• Mack Real Estate signs $89M refi for 232-unit rental in Williamsburg (August 06, 2024)
• David Werner, BLDG Management pay $116M to Barings for office in FiDi (July 30, 2024)
• MassMutual files $315M pre-foreclosure at RXR’s 340 Madison (May 20, 2024)
Court Records:
Properties: