BVK

(Bayerische Versorgungskammer, BVK-Immobilien)

Lender

BVK NYC portfolio

$2.4 billion -office 91%, condo 8%; Manhattan 100%*

121th largest portfolio by dollar value

812,168 sqft – office 97%, condo 2%; Manhattan 100%

621th largest by SF

3 properties – Manhattan 100%

2819th largest

192 foreclosures, 0 bankruptcies, 1 other court case.

Notes

Universal Investment manages some fund for BVK.

Top Ten Associated Companies:

Bank of America (1)

Recent activity as company:

Sherwood Equities sold 1600 Broadway and 1600 Broadway, Midtown West, Manhattan for $191.5 million to Paramount Group and BVK on February 24, 2022.

Paramount Group and BVK borrowed $128 million from Bank of America for 1600 Broadway and 1600 Broadway, Midtown West, Manhattan on February 24, 2022.

Yellowstone Real Estate Investments borrowed $90 million from BVK for 437 West 56 Street on March 31, 2021.

Latest Stories:

• Yellowstone Real Estate signs $326M loan for 312-unit conversion in Hell’;s Kitchen (January 14, 2026)

• MacArthur Holdings pays $11.9M for foreclosed retail in Meatpacking District (October 04, 2023)

• Torchlight Investors pays $21.1M to DWS Group for retail in Meatpacking District, down from $34M in 2011 (May 17, 2022)

• Paramount Group, BVK pay $191.5M to Sherwood for Times Square retail (March 10, 2022)

• Yellowstone buys Watson Hotel valued at $190M in Clinton (April 08, 2021)

• Yellowstone Real Estate borrows $90M from BVK-Immobilien for hotel purchase in Clinton (April 08, 2021)

• $62.5M of debt on German-owned 711 5th Avenue assigned to CMBS (July 17, 2020)

• Michael Shvo group refinances 711 Fifth Avenue with $545M loan from Goldman Sachs, Bank of America (March 23, 2020)

• Nightingale Properties and Wafra pay $909M to Coca-Cola for 711 Fifth Avenue (September 04, 2019)

• Nightingale Properties and Wafra Capital Partners obtained financing of $625M from JPMorgan Chase Bank (September 04, 2019)

Court Records:

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Properties:

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