David Werner Real Estate Investments
David Werner Real Estate Investments NYC portfolio
$1.3 billion* – elevator 60%, office 34%, condo 4%; Manhattan 100%
128th largest portfolio by dollar value
1,995,541 sqft – office 86%, condo 7%, elevator 6%;
166th largest by SF
6 properties – Manhattan 100%
1303th largest
133 residential units – Manhattan 100%
1211th largest by residential units
Company Activity past 24 months:
Buyer company: 5 for $461.2 million
Seller company: 1 for $275 million
Borrower company: 4 for $337.5 million
Top Ten Associated Companies:
Northwind Group (4), Alexandria Real Estate Equities (2), Barings (1), UMB Bank (1), 40 Fulton (New York, NY) (Subordinated Note) Lease-Backed Pass-Through Trust (1), Durst Organization (1), Vornado Realty Trust (1), Kayden family (1), Brookfield Properties (1), Highgate Hotels (1)
Top Ten Associated People:
Ran Eliasaf (2), Michael Field (2), Gary Dean (1), Hayden Tilley (1), David Werner (1), Alexander Durst (1), Steven J. Borenstein (1), Robert Swennes (1), William Graham Rumble (1), Melvin S. Heller (1)
Recent activity as company:
• David Werner Real Estate Investments and Metro Loft Management borrowed $67.5 million from Northwind Group for 675 3rd Avenue, Grand Central, Manhattan on April 01, 2025.
• Durst Organization sold 675 3rd Avenue, Grand Central, Manhattan for $100.2 million to David Werner Real Estate Investments and Metro Loft Management on April 01, 2025.
• David Werner Real Estate Investments borrowed $100 million from Northwind Group for 235 East 42nd Street, Grand Central, Manhattan on January 28, 2025.
• Kayden family sold 235 East 42nd Street, Grand Central, Manhattan for $140 million to David Werner Real Estate Investments and Metro Loft Management on January 28, 2025.
• Alexandria Real Estate Equities sold 235 East 42nd Street, Grand Central, Manhattan for $45 million to Metro Loft Management and David Werner Real Estate Investments on October 08, 2024.
• Metro Loft Management and David Werner Real Estate Investments borrowed $75 million from Northwind Group for 219 East 42nd Street, Grand Central, Manhattan on August 21, 2024.
• Alexandria Real Estate Equities sold 219 East 42nd Street, Grand Central, Manhattan for $60 million to Metro Loft Management and David Werner Real Estate Investments on July 09, 2024.
• David Werner Real Estate Investments and BLDG Management borrowed $95 million from Northwind Group for 100 Wall Street, Financial District, Manhattan on July 24, 2024.
• Barings sold 100 Wall Street, Financial District, Manhattan for $116 million to David Werner Real Estate Investments and BLDG Management on July 24, 2024.
• David Werner Real Estate Investments sold 700 8th Avenue, Hell’s Kitchen, Manhattan for $275 million to Highgate Hotels on May 31, 2024.
Latest Stories:
• David Werner, BLDG Management pay $116M to Barings for office in FiDi (July 30, 2024)
• Metro Loft files conversion plans for 1,463 units at former Pfizer HQ buildings (July 08, 2024)
• Graph Group modifies 22 NYC loans with $74.6M debt at former All Year rentals (November 17, 2023)
Properties: