Michael Hofheinz

Managing Director

Managing Director – Head Of Real Estate Capital Markets And Syndications

MetLife

(MetLife Investment Management)

Lender

1 MetLife Wy, Whippany, NJ 07981

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MetLife NYC portfolio

$93.3 million -condo 38%, office 32%, elevator 29%; Brooklyn 67%, Manhattan 32%*

1559th largest portfolio by dollar value

231,872 sqft – office 62%, condo 18%, elevator 18%; Manhattan 62%, Brooklyn 37%

1409th largest by SF

3 properties – Brooklyn 75%, Manhattan 25%

2731th largest

78 residential units – Brooklyn 100%

2058th largest by residential units

4 foreclosures, 0 bankruptcies, 33 other court cases.

Top Ten Associated People:

Richard A. Brancato (1), John P. McCarthy (1), Steve Dluzyn (1), Gregory Brenner (1), Amy Rose Silverman (1), John Usdan (1)

Recent activity as signatory:

Feil Organization and Malkin Holdings borrowed $120 million from Signature Bank for 551 5 Avenue on November 01, 2022.

Strategic Hotels & Resorts borrowed $97.8 million from Goldman Sachs for 160 Central Park South and 160 Central Park South, Midtown West, Manhattan on August 12, 2022.

Midwood Investment & Development borrowed $63.5 million from MetLife for 60 7 Avenue on May 10, 2022.

Rose Associates borrowed $70 million from MetLife for 23 West Street on March 30, 2022.

HUBB NYC borrowed $61 million from MetLife for 246 North 8 Street on March 10, 2022.

Rockrose Development borrowed $210 million from MetLife for 47-04 5 Street on February 16, 2022.

L.H. Charney Associates borrowed $241 million from Deutsche Bank for 577 7 Avenue on August 13, 2021.

Waterman Interests borrowed $198.6 million from Wells Fargo for 127 West 55 Street on March 10, 2021.

Strategic Hotels & Resorts borrowed $75 million from MetLife for 160 Central Park South and 160 Central Park South, Central Park South, Manhattan on December 29, 2020.

Latest Stories:

• Strategic Hotels signs $97.75M refi for Essex Hotel in Midtown West (October 21, 2024)

• Feil Organization, Malkin Holdings sign $120M refi with Signature Bank for office in Grand Central (November 22, 2022)

• Strategic Hotels & Resorts signs $97.8M refi loan with Goldman Sachs for Essex House hotel in Midtown West (August 31, 2022)

• Midwood Investment pays $102M to BlackRock for residential elevator in West Village (May 23, 2022)

• Rose Associates signs $70M refi for 293-unit elevator rental in FiDi (April 05, 2022)

• Rockrose signs $210M refi with Metlife for 395-unit LIC tower, 6th largest Queens refi in 12 months (March 03, 2022)

• HUBB NYC pays $116.2M to Greystar for two rentals in Williamsburg (January 03, 2022)

• L.H. Charney signs $241M refi with Deutsche Bank for 10 Times Square (September 14, 2021)

• JPMorgan, Waterman borrow $199M from Wells Fargo for office tower in Midtown West (March 22, 2021)

• Strategic Hotels & Resorts cuts debt by 67% to $75M from MetLife for Essex House (January 26, 2021)

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