Office · New York
One Manhattan West
—, New York
Verified
sourcedmodeled1 of 6 sourced
Ownership & debt
Ownership chain & debt stack
Owner of record: Brookfield Properties.
3 recorded holders · 2 beneficial owners · chain resolves 2 levels, with each holder's interest percentage and class.
1 debt tranche on file — lender, principal, rate and maturity.
Financials
Financial model
Effective gross income, operating expenses, DSCR, cash-on-cash, mark-to-market and replacement cost — the income side of the underwrite.
Tenants & leasing
Tenant roster & leasing
5 tenants of record, with GLA, floor, lease expiration and base rent — plus occupancy, WALT and the rollover stack.
Underwriting
Underwriting
Unlevered and levered IRR, equity multiple, exit math and a live sensitivity grid — built on the NOI, the debt stack and the rent roll above.
Provenance footnotes
- Current value: Single source — GlobeNewswire / Brookfield press release (valuation via The Real Deal) · https://www.globenewswire.com/news-release/2022/03/14/2402942/0/en/Brookfield-and-Qatar-Investment-Authority-Sell-49-Stake-in-One-Manhattan-West-to-Blackstone-Real-Estate.html · observed 2022-03
- $/SF: Estimated — no sourced claim on file.
- GLA: Estimated — no sourced claim on file.
- Ownership — Brookfield Properties: Single source — bn.brookfield.com · https://bn.brookfield.com/press-releases/brookfield-and-qatar-investment-authority-sell-49-stake-one-manhattan-west
Modeled figures — LTV, debt yield, DSCR, cash-on-cash, occupancy, WALT, tenant concentration are derived arithmetic, not sourced claims. Not investment advice.
Anchoring begins when the asset enters the live ledger.