Top 200 buyers of NYC commercial real estate in 2022
Top Commercial Real Estate Buyers NYC 2022
SL Green Realty, Black Spruce Management and Google were the top commercial real estate buyers in New York City in 2022, by dollar amount. Ranking by the number of deals closed, the top three were Carlyle Group, A&E Real Estate Holdings and Chestnut Holdings. The ranking is based on PincusCo Media data. Some of the firms ranked are among the largest real estate companies in New York City, but others are new to the market.
Within the more than $41 billion in commercial property sales closed in New York City in 2022, new buyers emerged and some long-time players stepped back. Macro economic shifts forced buyers to reconsider their plans in the middle of the year. Yet despite the rise in interest rates, the ongoing friction between rent-regulated property owners and the city and state, development challenges and other headwinds, thousands of properties traded hands.
PincusCo Media ranked buyers for deals where we could identify the true owner, covering most investment sales transactions of $2 million and up. This analysis covers 2,980 transactions with a true owner, totaling $41 billion.
Please click on the company name to see related stories including recent purchases and refinances. Click on the “no. of deals” arrow to sort the list by the most deals. Put in a name to filter the list.
The chart immediately below is a monthly summary of the investment sales deals tracked in this analysis.
The top 15 investment sales for the year:
| wdt_ID | buyer | volume | no. of deals |
|---|---|---|---|
| 1 | SL Green Realty | 2,147,483,647 | 2 |
| 2 | Black Spruce Management | 2,049,500,000 | 5 |
| 3 | 1,972,915,898 | 1 | |
| 4 | Orbach Affordable Housing Solutions | 1,212,500,000 | 4 |
| 5 | Extell Development | 1,151,355,000 | 4 |
| 6 | A&E Real Estate Holdings | 1,105,161,697 | 18 |
| 7 | Blackstone Group | 1,011,750,000 | 3 |
| 8 | Zeckendorf Development | 571,825,846 | 2 |
| 9 | CBRE Investment Management | 560,447,600 | 2 |
| 10 | Carlyle Group | 512,089,413 | 91 |
| 11 | Pontegadea | 487,500,000 | 1 |
| 12 | Memorial Sloan Kettering | 464,939,825 | 5 |
| 13 | Meadow Partners | 437,552,722 | 11 |
| 14 | Dalan Management | 422,500,000 | 3 |
| 15 | KKR & Co. | 415,000,000 | 2 |
| 16 | Empire Capital Holdings | 392,000,000 | 2 |
| 17 | 60 Guilders | 373,900,000 | 5 |
| 18 | Dermot Company | 367,800,000 | 3 |
| 19 | Baupost Group | 340,000,000 | 1 |
| 20 | Atlas Capital Group | 340,000,000 | 1 |
| 21 | Sonesta International Hotels | 324,250,001 | 4 |
| 22 | MCR Development | 323,262,700 | 1 |
| 23 | Island Capital Group | 323,262,700 | 1 |
| 24 | RFR Holding | 322,500,000 | 2 |
| 25 | Nassimi Realty | 320,000,000 | 1 |
| 26 | CH Capital Group | 320,000,000 | 1 |
| 27 | Creed Equities | 320,000,000 | 1 |
| 28 | Hakimian Capital | 320,000,000 | 1 |
| 29 | Montgomery Street Partners | 317,808,329 | 5 |
| 30 | Avanath Capital Management | 314,531,281 | 4 |
| 31 | Boyd Watterson Asset Management | 306,500,000 | 2 |
| 32 | Stockbridge Capital Group | 271,550,000 | 4 |
| 33 | Eugene Asset Management | 266,000,000 | 1 |
| 34 | 99c LLC | 252,000,000 | 1 |
| 35 | Metro Loft Management | 250,806,808 | 1 |
| 36 | Rockwood Capital | 250,806,808 | 1 |
| 37 | GFP Real Estate | 250,806,808 | 1 |
| 38 | Carmel Partners | 249,500,000 | 2 |
| 39 | Slate Property Group | 240,140,000 | 8 |
| 40 | Paramount Group | 236,819,437 | 2 |
| 41 | Apollo Global Management | 227,874,697 | 2 |
| 42 | Brookfield Properties | 227,275,000 | 7 |
| 43 | Madison Realty Capital | 212,323,925 | 5 |
| 44 | Stonehenge NYC | 208,634,000 | 2 |
| 45 | Titan Golden Capital | 196,592,300 | 1 |
| 46 | Witkoff | 194,374,698 | 2 |
| 47 | BVK | 191,500,000 | 1 |
| 48 | Invesco Real Estate | 184,030,829 | 5 |
| 49 | HUBB NYC | 180,275,000 | 3 |
| 50 | Storage Post | 176,000,000 | 3 |
| buyer | volume | no. of deals |
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