Ben Mathias
Barings
(MassMutual, Massachusetts Mutual Life Insurance Company)
Barings NYC portfolio
$395.9 million* – office 81.0%, hotel 18.0%; Manhattan 99.0%, Bronx 0.0%
445th largest portfolio by dollar value
973,060 sqft – office 89%, hotel 10%;
354th largest by SF
3 properties – Manhattan 100%, Bronx 0%
2248th largest
1 foreclosure, 0 bankruptcies, 0 other court cases.
Recent activity as signatory:
• Spear Street Capital borrowed $24 million from Blackstone Group for 165 Mercer St, SoHo, Manhattan on February 26, 2025.
Latest Stories:
• Long-time owners sell SoHo commercial for $40M to Spear Street Capital (February 26, 2025)
• Flank borrows $38M from Barings for rehabbed commercial property in Soho (January 27, 2020)
*The Portfolio Value is a PincusCo estimate based on a property’s recent sale or loan, or multiplying the city’s Market Value by two.