GreenBarn Investment Group and Sabal Investment Holdings Lead Refinancing of 817 Broadway in Manhattan
GreenBarn Investment Group and Sabal Investment Holdings led refinancing at 817 Broadway in Greenwich Village on Oct 22, 2025, arranging a $37.5M mezzanine loan alongside a new $91M senior mortgage provided by Ares Real Estate funds (NYSE:ARES).
The 14-story, 140,000-square-foot Class A office building, owned and developed by Taconic Partners, is fully leased to tenants including Union Square Partners, Inspired Capital and Unity Technologies and features a renovated façade, upgraded systems and a 4,000-square-foot roof terrace.
GreenBarn Investment Group e Sabal Investment Holdings hanno guidato il rifinanziamento a 817 Broadway nel Greenwich Village il 22 ottobre 2025, gestendo un prestito mezzanino di 37,5 milioni di dollari insieme a una nuova ipoteca senior da 91 milioni di dollari fornita dai fondi immobiliari Ares (NYSE: ARES).
L'edificio d'uffici di Classe A, 14 piani e 140.000 piedi quadrati, di proprietà e sviluppato da Taconic Partners, è completamente affittato a inquilini tra cui Union Square Partners, Inspired Capital e Unity Technologies e presenta una facciata ristrutturata, sistemi aggiornati e una terrazza sul tetto di 4.000 piedi quadrati.
GreenBarn Investment Group y Sabal Investment Holdings lideraron la refinanciación en 817 Broadway en Greenwich Village el 22 de octubre de 2025, gestionando un préstamo mezzanine de 37,5 millones de dólares junto con una nueva hipoteca senior de 91 millones de dólares proporcionada por los fondos inmobiliarios Ares (NYSE: ARES).
El edificio de oficinas de Clase A de 14 plantas y 140,000 pies cuadrados, propiedad y desarrollado por Taconic Partners, está completamente alquilado a inquilinos que incluyen Union Square Partners, Inspired Capital y Unity Technologies y cuenta con una fachada renovada, sistemas actualizados y una terraza en la azotea de 4,000 pies cuadrados.
GreenBarn Investment Group와 Sabal Investment Holdings가 2025년 10월 22일 그리니치 빌리지의 817 Broadway에서 재자금을 조달했고 3,750만 달러의 메자닌 대출과 함께 9,100만 달러의 1순위 모기지를 Ares Real Estate 펀드(NYSE:ARES)가 제공했습니다.
14층, 140,000평방피트 규모의 Class A 사무빌딩은 Taconic Partners가 소유하고 개발했으며 Union Square Partners, Inspired Capital, Unity Technologies 등 임차인에게 전액 임대되고, 새로 개보수된 파사드, 업그레이드된 시스템, 옥상 테라스 4,000평방피트를 갖추고 있습니다.
GreenBarn Investment Group et Sabal Investment Holdings ont dirigé le refinancement au 817 Broadway dans Greenwich Village le 22 octobre 2025, en négociant un prêt mezzanine de 37,5 millions de dollars et une nouvelle hypothèque senior de 91 millions de dollars fournie par les fonds immobiliers Ares (NYSE: ARES).
Le bâtiment de bureaux Classe A de 14 étages et 140 000 pieds carrés, détenu et développé par Taconic Partners, est entièrement loué à des locataires tels que Union Square Partners, Inspired Capital et Unity Technologies et dispose d'une façade rénovée, de systèmes mis à niveau et d'une terrasse sur le toit de 4 000 pieds carrés.
GreenBarn Investment Group und Sabal Investment Holdings leiteten die Refinanzierung bei 817 Broadway im Greenwich Village am 22. Oktober 2025 und arrangierten ein Mezzanin-Darlehen über 37,5 Mio. USD zusammen mit einer neuen Senior-Hypothek über 91 Mio. USD, bereitgestellt von Ares Real Estate Funds (NYSE: ARES).
Das 14-stöckige, 140.000 Quadratfuß große Class-A-Bürogebäude, im Besitz und Entwickelt von Taconic Partners, ist vollständig an Mieter wie Union Square Partners, Inspired Capital und Unity Technologies vermietet und verfügt über eine renovierte Fassade, aufgerüstete Systeme und eine 4.000 Quadratfuß große Dachterrasse.
GreenBarn Investment Group و Sabal Investment Holdings قادا إعادة التمويل في 817 Broadway في غرينويتش فيلّيج بتاريخ 22 أكتوبر 2025، بتنظيم قرض mezzanine بقيمة 37.5 مليون دولار إلى جانب رهن رئيسي بقيمة 91 مليون دولار مقدم من صناديق Ares Real Estate (NYSE: ARES).
المبنى الإداري من الفئة A بارتفاع 14 طابقًا ومساحة 140,000 قدم مربع، مملوك ومطور من قبل Taconic Partners، وهو مؤجر بالكامل للمستأجرين مثل Union Square Partners وInspired Capital وUnity Technologies ويتميز بواجهة مُجدَّدة ونُظُم مُحدَّثة وتراس سُفلي بمساحة 4,000 قدم مربع.
GreenBarn Investment Group 与 Sabal Investment Holdings 于 2025 年 10 月 22 日在格林威治村的 817 Broadway 完成再融资，安排了一个 3750 万美元的夹层贷款，并由 Ares Real Estate 基金（NYSE: ARES）提供一笔新的 9100 万美元的优先抵押贷款。
这座由 Taconic Partners 拥有并开发的 14 层、面积为 140,000 平方英尺的甲级办公楼，已全部租给包括 Union Square Partners、Inspired Capital 和 Unity Technologies 在内的租户，建筑立面经过整修，系统升级，并设有 4,000 平方英尺的屋顶露台。
- $37.5M mezzanine loan originated
- $91M new senior mortgage provided by Ares
- Building is fully leased to venture capital, tech and financial tenants
- Property includes a 4,000 sq ft roof terrace and upgraded systems
- None.
Insights
Refinancing secures new senior and mezzanine debt for a fully leased Manhattan office building, supporting near-term liquidity and owner optionality.
GreenBarn, Sabal and Ares placed a
Key dependencies include continued rent collections and lease stability, plus no undisclosed capital call or material deferred maintenance. The announcement cites a renovated asset and strong local demand; those are factual supports but not guarantees of future cash flow.
Watch occupancy and rent roll changes and any covenant tests or refinancing amortization schedules over the next 12–24 months to assess debt service resilience. Monitor disclosures of loan covenants, interest rates or triggers and any material tenant departures by
Owned and developed by Taconic Partners ("Taconic"), 817 Broadway is a 14-story, 140,000-square-foot, Class A, boutique office building at the corner of Broadway and 12th Street in heart of
Now fully leased, 817 Broadway has become a hub for leading venture capital, creative, technology and financial firms, with tenants including Union Square Partners, Inspired Capital, and, most recently, Unity Technologies. The building also features Leon's, a popular and celebrated Italian restaurant with French and Egyptian influences that opened in late 2024.
"We're pleased to partner with Taconic and Sabal to support the refinancing of this exceptional asset alongside Ares," said David Welsh, Founder and Managing Partner of GreenBarn Investment Group. "This investment aligns with our strategy to identify and execute on opportunities in best-in-class assets that offer attractive risk-adjusted returns. Demand for high-quality office space in the area remains strong, and 817 Broadway is well positioned for continued success. We look forward to working closely with Taconic and Sabal to enhance the property's long-term value for our investors."
"The success of 817 Broadway is a testament to a thoughtful development approach that revived a piece of
"We're delighted to originate this new loan in partnership with GreenBarn Investment Group, as we continue to target high-quality debt and preferred equity investments backed by best-in-class office assets in gateway markets," said Tal Seder, Head of Opportunistic Investments at Sabal. "We remain confident in the long-term strength of
Adam Spies and Adam Doneger of Newmark acted as advisors in connection with this transaction.
About GreenBarn
GreenBarn Investment Group, an affiliate of Rithm Capital (NYSE: RITM), is a vertically-integrated investment management firm that utilizes its extensive network and industry experience to acquire and develop real estate assets, make and invest in real estate loans, and invest in CRE credit special situations.
About Sabal
Sabal Investment Holdings ("Sabal") identifies, underwrites, structures and closes commercial real estate investment opportunities throughout the capital stack. Sabal's funds are organized in three series: the Debt Opportunities Fund series; the Strategic Opportunities Fund series; and the Lending Solutions program, and its institutional investors include pension funds, endowments, foundations, insurance companies, and hospitals. For more information regarding Sabal, visit www.sabal.com.
About Taconic Partners
Since 1997, Taconic Partners has acquired, redeveloped and repositioned over 13.5 million square feet of commercial office and mixed-use space, as well as over 7,300 units of luxury and workforce housing. As a fully integrated real estate company with a keen eye for uncovering value, its diverse capabilities are evidenced by its multifaceted success with luxury properties, as well as adaptive reuse and urban revitalization projects. In New York City, Taconic is currently developing the Hudson Research Center, West End Labs, 817 Broadway, The
About Ares Management Corporation
Ares Management Corporation (NYSE: ARES) is a leading global alternative investment manager offering clients complementary primary and secondary investment solutions across the credit, real estate, private equity and infrastructure asset classes. We seek to advance our stakeholders' long-term goals by providing flexible capital that supports businesses and creates value for our investors and within our communities. By collaborating across our investment groups, we aim to generate consistent and attractive investment returns throughout market cycles. As of June 30, 2025, Ares Management Corporation's global platform had over
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SOURCE GreenBarn Investment Group
FAQ
What financing did GreenBarn and Sabal arrange for 817 Broadway on Oct 22, 2025?
Which firm provided the senior mortgage for 817 Broadway (ARES) refinancing?
Who owns and developed 817 Broadway, the fully leased Manhattan office building?
What tenants anchor 817 Broadway after the renovation?
What notable amenities were added during Taconic's renovation of 817 Broadway?
Which advisors worked on the 817 Broadway refinancing transaction announced Oct 22, 2025?
