Portfolios
Owners · portfolio

Related Companies

15 tracked holdings · avg cap 4.82%
Gross tracked value
$20.5B
Recorded debt
$11.4B
Markets
6

Ownership-chain cross-check

Chain-entity view
Tagged portfolio: 15 assets. Related Companies appears in the recorded ownership chains of 17 assets.

Track record

sourced
GLEIF-verifiedTHE RELATED COMPANIES, L.P. · US-NY5493000XOMSDLDY7AC79no known consolidating parentGLEIF record
OFAC SDN screen: no name match.verify at OFAC
Disclosed deals
3
Disclosed volume
$4.0B
Span
2014–2026
Sides
0 bought · 0 sold · 3 owner
Asset · dealRoleDisclosed valueYearSource
70HUDSON70 Hudson Yards (Deloitte US headquarters tower)
January 2026 officially reported full capitalization of the ~1.4M sq ft tower ($2.45B in debt and equity, including a $1.6B construction loan). Developed and controlled by Related Companies and Oxford Properties Group (JV). Under construction; move-ins anticipated late 2028. Figure is a reported total capitalization, not an asset sale price.
Owner of record$2.5B2026Related Companies / Oxford Properties (press release)
PHILLIP1Phillips Point (777 South Flagler Drive)
2021 disclosed acquisition price (~$281.9M) paid by a Related Companies affiliate for the twin-tower, ~448,914 sq ft Class A office complex; previously owned by AEW Capital Management (which paid $245M in 2015). Now held/managed under Related Ross.
Owner of record$282M2021PROFILEmiami
DEUTSCHEDeutsche Bank Center (office condominium, formerly Time Warner Center, One Columbus Circle)
January 2014 disclosed acquisition price for the ~1.1M sq ft office condominium, bought by a joint venture of Related Companies, the Abu Dhabi Investment Authority (ADIA) and GIC from Time Warner. Related holds/controls its stake within the JV (not sole owner).
Owner of record$1.3B2014Wikipedia / Time Warner SEC 8-K
Disclosed transactions only — the record's own wording sets the side; “owner of record” means the deal names Related Companies as the resulting owner without stating buyer or seller. Partial-interest deals show the stated gross valuation. Fund vintage, AUM and IRR are private figures outside the public record and are not shown.

Exposure

modeled where undisclosed
Largest position
15%
Top market
50%
Top class
68%
Largest: 50 Hudson Yards ($3.8B) · top market New York · top class Office. Shares of $26.2B across 19 tracked assets — full asset values, not this entity’s share; 6 of 19 carry a disclosed deal value, the rest are modeled.

Counterparty concentration

sourced
Lenders across the recorded debt of Related Companies’s tracked assets — outstanding, publicly recorded tranches plus SEC ABS-EE CMBS trust notes.
Counterparties
15
Recorded principal
$14.4B
CMBS trust notes
$170M
CounterpartyRecordAssetsPrincipalSource
The Children's Investment Fundrecorded debt2$2.0Bfiling
Wells Fargorecorded debt2$1.4Bfiling
Deutsche Bankrecorded debt2$1.1Bfiling
Goldman Sachsrecorded debt2$428Mfiling
Wells Fargo, Bank of America and Standard Charteredrecorded debt1$1.6Bfiling
Wells Fargo, Bank of America, Standard Charteredrecorded debt1$1.6Bfiling
Bank of China, Deutsche Bank, HSBC, Sumitomo Mitsui Banking Corporation, Wells Fargorecorded debt1$1.5Bfiling
Deutsche Bank, Wells Fargo, Goldman Sachsrecorded debt1$1.4Bfiling
The Children's Investment Fund Managementrecorded debt1$1.2Bfiling
German American Capital Corp. and Wells Fargo, co-originatorsrecorded debt1$1.1Bfiling
Bank of America, Wells Fargo, CIBCrecorded debt1$690Mfiling
Bank of Montrealrecorded debt1$210Mfiling
BENCHMARK 2021-B23 Mortgage TrustCMBS trust1$75Mfiling
Citigroup Commercial Mortgage Trust 2019-GC43 (CGCMT 2019-GC43)CMBS trust1$50Mfiling
BMO 2022-C1 Mortgage TrustCMBS trust1$45Mfiling
CMBS principal is the cited trust's pari-passu note only — a slice of a larger whole loan, not the full mortgage on the building. A trust note can also be a slice of a loan already recorded above, so the two totals are shown separately, never summed. Tranches whose lender is not publicly named count toward principal but are never listed as a counterparty.

Cross-collateral signal

The same recorded lender across several of this entity’s assets — a relationship signal only; actual cross-collateralization is only what the loan documents state.
The Children's Investment Fund2 assets · $2.0B35HUDSO1 · $1.2B15HUDSON · $850M
Wells Fargo2 assets · $1.4BTHESHOPS · $1.1B50HUDSON · $349M
Deutsche Bank2 assets · $1.1BTHEGRAND · $630M30HUDSON · $490M
Goldman Sachs2 assets · $428MPHILLIPS · $229MPHILLIP1 · $199M

Exposure by market

Hudson Yards$9.3B · 45%
New York$7.5B · 37%
Plaza District$1.1B · 5%
Los Angeles$1.0B · 5%
West Palm Beach$782M · 4%
West Palm Beach CBD / Worth Ave$740M · 4%

Class mix

Office$14.1B · 69%
Residential$2.8B · 14%
Retail$2.1B · 10%
Mixed-use$1.5B · 7%
NAV bridgeLocked · Analyst
Gross value → recorded debt → implied equity across the holdings.
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Debt maturity wallLocked · Analyst
Recorded principal bucketed by maturity year across the holdings.
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Tenant concentration

Named tenants appearing across the tracked holdings — roster samples, not full rent rolls.
Point72 Asset Management · 2 buildingsWarner Bros. Discovery (formerly WarnerMedia/Time Warner; HBO, CNN, Turner, Warner Bros.) - ~1.5M sq ft, floors 16-51KKR - ~343,000 sq ft, top floors 74-83 (corporate HQ)Wells Fargo - 500,000+ sq ftVisa Inc. - floors 43-44 (subleased, Dec 2024)BlackRock - global HQ; ~847,000 sq ft initial anchor, expanded to ~1.24M sq ft across 15+ floors by 2025Meta Platforms (formerly Facebook) - 1.2M sq ft (partially subleased after 2022)Truist Financial - ~100,000 sq ft

Holdings

Trust
50HUDSON50 Hudson YardsHudson Yards · Office · 4.35% cap · +1.3% YTDHudson YardsOffice$3.80B4.35%$1,310$165M2.90M+1.3%partial, 3 sources
70HUDSON70 Hudson Yards (Deloitte US headquarters tower)New York · Office · 5.00% cap · +0.0% YTDNew YorkOffice$2.45B5.00%$1,750$123M1.40M+0.0%verified, 5 sources
30HUDSON30 Hudson YardsHudson Yards · Office · 4.55% cap · -3.4% YTDHudson YardsOffice$2.30B4.55%$885$105M2.60M-3.4%partial, 3 sources
10HUDSON10 Hudson YardsHudson Yards · Office · 4.55% cap · -1.1% YTDHudson YardsOffice$1.80B4.55%$973$82M1.85M-1.1%partial, 2 sources
35HUDSON35 Hudson Yards — for-sale residential condominium componentNew York · Residential · 4.60% cap · +0.0% YTDNew YorkResidential$1.50B4.60%$69M+0.0%partial, 2 sources
55HUDSON55 Hudson YardsHudson Yards · Office · 4.50% cap · +1.8% YTDHudson YardsOffice$1.42B4.50%$1,014$64M1.40M+1.8%partial, 2 sources
DEUTSCHEDeutsche Bank Center (office condominium, formerly Time Warner Center, One Columbus Circle)New York · Office · 5.00% cap · +0.0% YTDNew YorkOffice$1.30B5.00%$1,182$65M1.10M+0.0%verified, 5 sources
15HUDSON15 Hudson YardsNew York · Residential · 4.60% cap · +0.0% YTDNew YorkResidential$1.30B4.60%$1,354$60M0.96M+0.0%partial, 2 sources
THESHOPSThe Shops at Columbus CirclePlaza District · Retail · 5.00% cap · +3.8% YTDPlaza DistrictRetail$1.10B5.00%$2,750$55M0.40M+3.8%partial, 3 sources
THESHOP1The Shops & Restaurants at Hudson Yards (20 Hudson Yards)New York · Retail · 4.80% cap · +0.0% YTDNew YorkRetail$1.00B4.80%$1,000$48M1.00M+0.0%partial, 2 sources
THEGRANDThe Grand LA (The Grand by Gehry residential tower + Conrad Los Angeles hotel + retail)Los Angeles · Mixed-use · 4.85% cap · +0.0% YTDLos AngelesMixed-use$1.00B4.85%$49M+0.0%verified, 5 sources
CITYPLA1CityPlace (Rosemary Square) retail and mixed-use district, Downtown West Palm BeachWest Palm Beach · Mixed-use · 4.85% cap · +0.0% YTDWest Palm BeachMixed-use$500M4.85%$24M+0.0%partial, 1 sources
360ROSEM360 Rosemary AvenueWest Palm Beach CBD / Worth Ave · Office · 5.15% cap · +7.0% YTDWest Palm Beach CBD / Worth AveOffice$460M5.15%$1,559$24M0.29M+7.0%partial, 3 sources
PHILLIP1Phillips Point (777 South Flagler Drive)West Palm Beach · Office · 5.00% cap · +0.0% YTDWest Palm BeachOffice$282M5.00%$628$14M0.45M+0.0%verified, 4 sources
CITYPLACCityPlace Tower (525 Okeechobee)West Palm Beach CBD / Worth Ave · Office · 5.50% cap · +1.8% YTDWest Palm Beach CBD / Worth AveOffice$280M5.50%$933$15M0.30M+1.8%partial, 1 sources
YTD, cap rates and $/SF (tracked value ÷ area) are modeled estimates — the trust dot counts actual sourced categories per asset.