InterVest Capital Partners

(Wafra Capital Partners)

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

intervest.com

People:

To see the 1 person from this company you need a Professional level subscription

Subscribe ($125/month)

InterVest Capital Partners portfolio

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

284th largest portfolio by dollar value

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

182th largest by SF

17 properties – Bronx 82%, Manhattan 17%

525th largest

504 residential units – Bronx 100%, Manhattan 0%

419th 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

Borrower company: 5 for $428.3 million

Lender company: 3 for $0

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)

Recent activity as company:

• InterVest Capital Partners borrowed $200 million from Deutsche Bank for 720 West End Avenue, Upper West Side, Manhattan on January 03, 2025.

• InterVest Capital Partners borrowed $0 from Oaktree Capital Management for 111 Wall Street, Financial District, Manhattan on November 08, 2024.

• Lichter & Lichter borrowed $0 from InterVest Capital Partners for 341 Amsterdam Avenue, Upper West Side, Manhattan on May 23, 2024.

• Tribeca Investment Group borrowed $0 from InterVest Capital Partners for 30 Broad Street, Financial District, Manhattan on March 06, 2024.

• Nightingale Properties and InterVest Capital Partners borrowed $0 from InterVest Capital Partners for 298 Lafayette Street, SoHo, Manhattan on August 09, 2023.

• InterVest Capital Partners borrowed $180.8 million from Cain International for 720 West End Avenue, Upper West Side, Manhattan on June 15, 2023.

• InterVest Capital Partners borrowed $47.5 million from Webster Bank for 1197 Grand Concourse, 2608 Creston Avenue, 1098 Gerard Avenue, 1112 Gerard Avenue, 1065 Jerome Avenue, and others, Concourse, Bronx on April 20, 2023.

• Taconic Partners and Clarion Partners sold 2567 Decatur Avenue, 2543 Decatur Avenue, 2563 Decatur Avenue, 2549 Decatur Avenue, 2559 Decatur Avenue, and others, Fordham Manor, Bronx for $9.6 million to InterVest Capital Partners on April 20, 2023.

• Taconic Partners and Clarion Partners sold 2353 Crotona Avenue and 2357 Crotona Avenue, Belmont/Little Italy, Bronx for $5.8 million to InterVest Capital Partners on April 20, 2023.

• Taconic Partners and Clarion Partners sold 2608 Creston Avenue, Fordham Manor, Bronx for $6.6 million to InterVest Capital Partners on April 20, 2023.