InterVest Capital Partners

(Wafra Capital Partners)

425 Park Avenue, 35th Floor New York, NY 10022

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InterVest Capital Partners portfolio

$216.9 million – office 73%, N2 13%; Manhattan 87%, Bronx 12%

268th largest portfolio by dollar value

1,785,338 sqft – office 58%, elevator 14%;

172th largest by SF

17 properties – Bronx 82%, Manhattan 17%

140th largest

504 residential units – Bronx 100%, Manhattan 0%

370th largest by residential units

1 foreclosure, 0 bankruptcies, 0 other court cases.

Notes

InterVest Capital Partners was formerly known as Wafra Capital Partners and is an investment firm supported by Kuwait’s public pension fund.

Company Activity past 24 months:

Buyer company: 7 for $60 million

Seller company: 0 for $0

Borrower company: 5 for $428.3 million

Lender company: 3 for $0

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

Top Ten Associated Companies:

Taconic Partners (7), Clarion Partners (7), Webster Bank (1), Cain International (1), InterVest Capital Partners (1), Tribeca Investment Group (1), Lichter & Lichter (1), Oaktree Capital Management (1), Deutsche Bank (1)

Top Ten Associated People:

Andrew Zlotnick (7), Adam Brenner (1), Christopher Harris (1), Mrinal Dansingani (1)

Latest Stories:

• InterVest signs $200M refi for UWS condo building with nearly $440M sellout (January 06, 2025)

• Oaktree Capital buys $230M loan where InterVest, Metro Loft plan FiDi conversion (November 11, 2024)

• InterVest files $126.4M pre-foreclosure at 30 Broad in FiDi (July 26, 2024)

• $37M note sale for 100-unit UWS rental (May 24, 2024)

• InterVest buys FiDi office building note with original principal of $124.6M: Sources (February 16, 2024)

• InterVest-controlled entity buys $143M note secured by Nightingale, InterVest SoHo office building, foreclosure now off (August 10, 2023)

• Cain International acquires $180.8M debt secured by InterVest’s UWS condo project, part of $500M loan portfolio (June 16, 2023)

• InterVest pays $60M to Taconic, Clarion for 503 units in Bronx (April 21, 2023)

• Wafra files plans for 132-unit condo on UWS, second largest in Manhattan this year (December 05, 2022)

• Wafra signs $180.8M rehab construction loan in Upper West Side (January 20, 2022)

Properties:

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