Berkshire Hathaway to buy Taylor Morrison for $6.8 billion
Real Estate ServicesArizonaGoing Private
Berkshire Hathaway→Taylor Morrison
May 31, 2026
RXR Leads $500M Recap of 55 Broad Conversion
Announced
Real Estate ServicesNew YorkRecapitalisation
Deal Overview
RXR is leading a $500 million recapitalization of 55 Broad Street, a 571-unit office-to-residential conversion project. RXR has entered an agreement to form a joint venture with developers Silverstein Properties and Metro Loft Management.
The article describes RXR’s investment as potentially structured as preferred equity, intended to let owners refinance their construction loan while the tower finishes leasing up. The building was 76% occupied when it entered the market in September. A Newmark team led by Adam Spies and Adam Doneger arranged the deal.
Key Details
- Transaction
- RXR acquires 55 Broad Street
- Deal Size
- Over $100M
- Reported Value
- $500 million
Filed under
Powered by Tentt
Source real estate services deals in New York for your firm
Tentt builds and operates managed deal origination services for PE firms, M&A advisors, and commercial lenders. We map the target universe, monitor signals, and execute outreach — white-labelled to your firm.
PCCP, Alliance Residential Snap Up Garden-Style Riverside Complex
Real Estate ServicesCaliforniaAdd-on
Alliance Residential→The Hawthorne
May 29, 2026
Wynwood site sells at loss for under $15M to Turkish buyers
Real Estate ServicesFloridaDivestiture
Terminal Wynwood→Well Meaning Spaces
May 29, 2026
Walmart buys its IE distribution facility from State Street for $223M
Real Estate ServicesCaliforniaDivestiture
Walmart→State Street
May 29, 2026
Commercial real estate data giant CoStar to acquire homebuilding data giant Zonda for $800 million—why it matters - ResiClub
Real Estate ServicesMerger
CoStar→Zonda
May 29, 2026