La Caisse
(Ivanhoe Cambridge, Caisse de depot et placement du Quebec, Otera Capital)
Owner, Lender
Pension
1001, rue du Square-Victoria Montreal, Quebec H2Z 2B5 Canada
People:
La Caisse NYC portfolio
$3.8 billion -office 62%, condo 37%; Manhattan 99%*
52th largest portfolio by dollar value
4,958,780 sqft – office 82%, condo 17%; Manhattan 100%
80th largest by SF
4 properties – Manhattan 100%
2191th largest
Notes
Caisse de depot et placement du Quebec officially retired the name Ivanhoe Cambridge in June 2025.
Company Activity past 24 months:
Seller company: 1 for $5.9 million
Borrower company: 2 for $2.2 billion
Lender company: 1 for $158 million
Top Ten Associated Companies:
Wells Fargo (1), Bank of America (1), Bank of Montreal (1), Brookfield Asset Management (1), Series 2015-1211 (1), Berkadia Commercial Mortgage (1)
Top Ten Associated People:
Jeffrey L. Cirillo (1), Robert Fenstemaker (1), Michael S. Birajiclian (1), Julie Gschwind (1)
Recent activity as company:
• JEMB Realty borrowed $125 million from Deutsche Bank for 420 Albee Square, Downtown Brooklyn, Brooklyn on December 15, 2025.
• Vanbarton Group borrowed $57 million from Vanbarton Group for 272 5 Avenue on October 31, 2025.
• RXR Realty and Ivanhoe Cambridge borrowed $1 billion from Series 2015-1211 and Berkadia Commercial Mortgage for 1217 Avenue Of The Americas on August 14, 2025.
• KKR and La Caisse sold N/A N/A and N/A N/A, None, Staten Island for $5.9 million to Brookfield Asset Management on July 31, 2025.
• Ivanhoe Cambridge and Hong Kong Monetary Authority borrowed $1.1 billion from Wells Fargo, Bank of America and Bank of Montreal for 1095 Avenue Of The Amer, 1095 Avenue Of The Amer, 1095 Avenue Of The Amer, and 1095 Avenue Of The Amer, Garment District, Manhattan on February 06, 2025.
• RXR Realty borrowed $158 million from Otera Capital for Dekalb avenue on October 17, 2024.
• Brookfield Properties borrowed $340 million from Ares Management for 2385 3 Avenue on April 29, 2024.
• Tokyu Land Corporation, L&L Holding Company and BentallGreenOak borrowed $484 million from Sumitomo Mitsui Trust Bank for 111 East 55 Street on March 29, 2024.
• Jenel Management borrowed $192.1 million from H.I.G. Capital for None on February 04, 2022.
• Vanbarton Group borrowed $89.4 million from Otera Capital for 11 West 29 Street on August 26, 2021.
Latest Stories:
• RXR, Ivanhoe sign $1.03B refi for 1211 A of A in Midtown West (September 03, 2025)
• Ivanhoe Cambridge signs $1.1B refi for 3 Bryant Park (February 17, 2025)
• RXR signs $158M construction loan with Otera for new dev in Fort Greene (November 18, 2024)
• Vanbarton Group pays $3M to Marble Collegiate Church for dev parcel in NoMad (October 05, 2022)
Properties:
