US·Acquisition·Office
Affinius provides $88M acquisition loan for CitySpire office buy
Value
$137.5M
Location
New York, New York County, New York
Date
2026-05-26
Companies
DelShah Capital, A.M. Property Holding Corporation, REALM, Affinius Capital
A partnership led by DelShah Capital and A.M. Property Holding Corporation, with REALM also in the venture, acquired the 24-floor office component of CitySpire at 156 West 56th Street in Manhattan. Affinius Capital originated an $88 million acquisition loan arranged by Newmark. The asset is part of a 70-story office and condo tower and was reported to trade at an 8.5 percent cap rate.
manhattanmidtown-westacquisition-financingoffice-condo
Source
Commercial Observer