2nd Ave

2nd Ave

Location:

New York

Location:

New York

Year:

2026

Year:

2026

Type:

Residential

Type:

Residential

Tall modern skyscraper with vertical lines, viewed against a clear blue sky.

Project Overview

Project Overview

Project Overview

Location

New York, NY

Location

New York, NY

Loan Amount

$108,000,000

Loan Amount

$108,000,000

Asset Type

Office-to-Residential Conversion

Asset Type

Office-to-Residential Conversion

Transaction Challenges:

» Partially occupied office building

Transaction Challenges:

» Partially occupied office building

ArrowREA Solution:

» Following closing, the Sponsor successfully reconfigured the existing tenant base creating 12 contiguous fully vacant floors ready for conversion.

ArrowREA Solution:

» Following closing, the Sponsor successfully reconfigured the existing tenant base creating 12 contiguous fully vacant floors ready for conversion.

We partner with investors and developers to unlock optimal financing by leveraging our deep network of capital providers and delivering strategies tailored to each opportunity.

We partner with investors and developers to unlock optimal financing by leveraging our deep network of capital providers and delivering strategies tailored to each opportunity.

We partner with investors and developers to unlock optimal financing by leveraging our deep network of capital providers and delivering strategies tailored to each opportunity.