Owners · ownership entity

Silverstein Properties (ground lessee)

Named in the recorded ownership chains of 3 tracked assets

Chain-derivedSign in

Assets touched

Gross value touched

$6.6B

Sourced records

3/3

Not a tagged sponsor portfolio — derived from each asset’s recorded ownership and UBO records. Gross value sums full asset values, not this entity’s share.

Track record

sourced

No GLEIF-verified legal-entity record conservatively matches this name.

OFAC SDN screen: no name match.verify at OFAC

Disclosed deals

Disclosed volume

$1.3B

Span

2019–2024

Sides

0 bought · 0 sold · 3 owner

Asset · deal	Role	Disclosed value	Year	Source
THEBROOKThe Brooklyn Tower (9 DeKalb Avenue) 2024 deal value: Silverstein gained control of the supertall's rental units, retail, and unsold condominiums from JDS Development/Michael Stern via debt restructuring (took over the $240M mezzanine loan after default, ahead of a foreclosure auction). Widely reported as a $672M deal.	Owner of record	$672M	2024	Commercial Observer
55BROADS55 Broad Street 2023 acquisition price; Silverstein Properties (JV with Metro Loft Management) bought the 30-story, ~410,000 sf former office building from the Rudin family (which retained an equity stake) for office-to-residential conversion (571 units). Closed July 2023 at $172.5M.	Owner of record	$173M	2023	The Real Deal
BNYMELLOBNY Mellon Center (1735 Market Street) 2019 acquisition price; Silverstein Properties (JV with Arden Group and Migdal Insurance) bought the 54-story, ~1.3M sf tower from Equity Commonwealth for $451.6M, a record Philadelphia single-building office price. Financed with a $312M Goldman Sachs/Deutsche Bank loan.	Owner of record	$452M	2019	The Philadelphia Inquirer

Disclosed transactions only — the record's own wording sets the side; “owner of record” means the deal names Silverstein Properties (ground lessee) 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

42%

Top market

100%

Top class

100%

Largest: 3 World Trade Center ($2.8B) · top market Downtown Manhattan · top class Office. Shares of $6.6B across 3 tracked assets — full asset values, not this entity’s share; 0 of 3 carry a disclosed deal value, the rest are modeled.

By market

Downtown Manhattan$6.6B · 100%

By class

Office$6.6B · 100%

Counterparty concentration

sourced

Lenders across the recorded debt of Silverstein Properties (ground lessee)’s tracked assets — outstanding, publicly recorded tranches plus SEC ABS-EE CMBS trust notes.

Counterparties

Recorded principal

$2.4B

Counterparty	Record	Assets	Principal	Source
New York Liberty Development Corporation	recorded debt	3	$2.1B	filing
Federal Recovery Zone bonds	recorded debt	1	$340M	filing

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.

New York Liberty Development Corporation3 assets · $2.1B3WORLDTR · $1.6B 7WORLDTR · $458M 4WORLDTR · $0K

Asset	Recorded as	Interest class	% interest	Asset value	Source
3WORLDTR3 World Trade Center	Silverstein Properties (ground lessee)	Fee simple	—	$2.8B	sourced
7WORLDTR7 World Trade Center	Silverstein Properties (ground lessee)	Fee simple	—	$2.0B	sourced
4WORLDTR4 World Trade Center	Silverstein Properties (ground lessee)	Fee simple	—	$1.8B	sourced

Derived at read time from per-asset records. Interest classes and percentages appear exactly as recorded — absent figures are not estimated.