Sovereign Partners
747 Third Ave, 37th Floor, New York, NY 10017
People:
Sovereign Partners NYC portfolio
$1.1 billion -condo 50%, office 49%; Manhattan 99%*
205th largest portfolio by dollar value
1,926,974 sqft – office 66%, condo 33%; Manhattan 100%
255th largest by SF
5 properties – Manhattan 100%
1816th largest
Company Activity past 24 months:
Buyer company: 4 for $828 million
Borrower company: 5 for $615.5 million
Top Ten Associated Companies:
MetLife (2), Ladder Capital (2), Rialto Management Group (1), Jasper Lake LLC (1), Deutsche Pfandbriefbank (1)
Top Ten Associated People:
Brett Ulrich (2), David Traitel (2), Ralf Dresch (1), Christian Sand (1)
Recent activity as company:
• MetLife sold 575 5th Avenue, 575 5th Avenue, and 575 5th Avenue, Midtown East, Manhattan for $62 million to Sovereign Partners and HudsonPoint Capital on April 16, 2026.
• Beacon Capital Partners and MetLife sold 575 5th Avenue, Midtown East, Manhattan for $316 million to Sovereign Partners and HudsonPoint Capital on April 16, 2026.
• Sovereign Partners and HudsonPoint Capital borrowed $220 million from Ladder Capital for 575 5th Avenue, Midtown East, Manhattan on April 16, 2026.
• Sovereign Partners and HudsonPoint Capital borrowed $48 million from Ladder Capital for 575 5th Avenue, 575 5th Avenue, and 575 5th Avenue, Midtown East, Manhattan on April 16, 2026.
• Sovereign Partners borrowed $150 million from Rialto Management Group for 100 5th Avenue, Flatiron District, Manhattan on December 17, 2025.
• Rockwood Capital sold 151 East 44 Street for $273 million to Sovereign Partners on December 04, 2025.
• Sovereign Partners borrowed $177.4 million from MetLife for 151 East 44 Street on December 04, 2025.
• Sovereign Partners borrowed $20 million from MetLife for 796 3 Avenue on June 25, 2024.
• Nuveen Real Estate sold 796 3 Avenue for $177 million to Sovereign Partners on June 25, 2024.
• Clarion Partners sold 100 5th Avenue, Flatiron District, Manhattan for $126.5 million to Sovereign Partners on October 23, 2023.
Latest Stories:
• Sovereign Partners signs $150M refi with Rialto for office in Flatiron District (January 23, 2026)
• Rockwood Capital signs $262.6M refi with MetLife for office in Grand Central (July 29, 2025)
• Sovereign Partners pays $113M to Pearlmark for Tower56 in Midtown East (May 03, 2023)
• Beacon Capital cuts debt at 575 Fifth for second time in two years to $301M (August 24, 2020)
Properties:
