One Williamsburg Wharf Acquired by Naftali Group | Real Estate Services M&A Deal

Naftali Group has completed the acquisition of One Williamsburg Wharf, a real estate development business in New York, for $374 million. Naftali Group acquisitions focus on master-planned Brooklyn waterfront residential and retail projects, and One Williamsburg Wharf delivers 89 condos, 500+ apartments, and 15,000 square feet of retail across three towers. The recapitalisation acquisition supports ongoing leasing and condo sales at 470 Kent Avenue, strengthening real estate services deals NY exposure for strategic acquisition. The $374M refinancing from Barings is a strategic acquisition for the first phase, retiring prior Bank OZK debt, with Walker & Dunlop arranging the transaction.