Barings

(MassMutual, Massachusetts Mutual Life Insurance Company)

People:

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Barings portfolio

$139.9 million – office 77%, hotel 22%; Manhattan 100%, Bronx 0%

407th largest portfolio by dollar value

414,325 sqft – office 75%, hotel 24%;

700th largest by SF

2 properties – Manhattan 100%, Bronx 0%

155th largest

1 foreclosure, 0 bankruptcies, 0 other court cases.

Company Activity past 24 months:

Buyer company: 1 for $161 million

Seller company: 1 for $116 million

Borrower company: 0 for $0

Lender company: 3 for $295.6 million

Developer (new building or major alteration): 0 for 0 square feet

Top Ten Associated People:

Yoav Haron (2), Damon Hemmerdinger (1), Brendan Medzigian (1), Robert D. Kline (1), David Werner (1), Nicholas Silvers (1), Paul A. Galiano (1), Johnna Donahue (1), Kristine Soliday (1), Channa Taub (1)

Latest Stories:

• Spear Street pays $52M to KPG for retail in SoHo, just above $51M 2022 loan (September 26, 2024)

• Mack Real Estate signs $89M refi for 232-unit rental in Williamsburg (August 06, 2024)

• David Werner, BLDG get $95M acquisition loan from Northwind Group for office purchase in FiDi (July 30, 2024)

• David Werner, BLDG Management pay $116M to Barings for office in FiDi (July 30, 2024)

• Principal Real Estate turns over Midtown West office tower to Barings through $160.98M deed-in-lieu (May 01, 2024)

• Tokyu, L&L, BGO sign $484M loan with Sumitomo Mitsui Trust in Midtown East, part of $911M deal (April 15, 2024)

• Tishman Speyer signs $92.7M loan modification with MassMutual for office in Midtown West (October 27, 2023)

• Tavros, Charney, Canyon sign $119.9M construction loan with MassMutual for 261-unit project in Gowanus (July 31, 2023)

• Canyon Partners buy stake valued at $30.5M in Tavros, Charney’s 261-unit project in Gowanus (July 27, 2023)

• ATCO signs $83M loan modification with MassMutual for 316-unit rental on Central Park South (May 19, 2023)

Properties:

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