Somerset Partners

Company Activity past 24 months:

Seller company: 1 for $52 million

Top Ten Associated Companies:

RXR Realty (2), Athene Holding (1), Brookfield Properties (1), ULM Holding (1), CSC Real Estate (1), David Werner Real Estate Investments (1), Fortress Investment Group (1)

Top Ten Associated People:

David Werner (1), Daniel N. Bass (1)

Recent activity as company:

• Meadow Partners and Somerset Partners sold 768 2nd Avenue, Murray Hill, Manhattan for $52 million to CSC Real Estate and David Werner Real Estate Investments on April 23, 2025.

• Somerset Partners borrowed $110 million from Fortress Investment Group for 300 East 42nd Street, Murray Hill, Manhattan on December 07, 2021.

• Somerset Partners sold 9 Bruckner Boulevard, Mott Haven, Bronx for $10.8 million to RXR Realty on March 18, 2020.

• Somerset Partners sold East 134th Street, 2413 3rd Avenue, Mott Haven, Bronx for $23.7 million to RXR Realty on March 18, 2020.

• Somerset Partners borrowed $106 million from Athene Holding for 768 2nd Avenue, Murray Hill, Manhattan on February 19, 2020.

• Somerset Partners borrowed $100 million from Brookfield Properties for 768 2nd Avenue, Murray Hill, Manhattan on August 28, 2019.

• ULM Holding sold 768 2nd Avenue, Murray Hill, Manhattan for $122.5 million to Somerset Partners on August 28, 2019.

Latest Stories:

• David Werner pays $52M to Meadow, Somerset in short sale in Murray Hill, flip now expected (May 07, 2025)

• Transport service pays $4.5M to RXR in Mott Haven, down from $10.8M (April 02, 2025)

• Meadow, Somerset sign $110M refi with Fortress Investment for office building in Murray Hill (December 30, 2021)

• RXR signs $75.2M construction loan with Bank of America for 200-unit project in Mott Haven (July 15, 2021)

• RXR Realty files plans for a 200-unit, 165K sf residential building in Mott Haven (April 24, 2020)

• RXR Realty pays $34.5M to Somerset Partners for three parcels in Mott Haven (March 23, 2020)

• Somerset, Meadow borrow $106M from insurance company Athene Holdings for office property in Murray Hill (February 25, 2020)

• Somerset Partners and Meadow Partners pays $123M to ULM Holding for Midtown office building (September 11, 2019)

• Somerset Partners and Meadow Partners obtained financing of $100M from Brookfield (September 11, 2019)

Court Records: