BUSINESSglobal
BHI Provides $88M Bridge Loan for 845 Third Avenue’s Office-to-Resi Conversion
Single source
Updated 3 hours ago
First seen March 20, 2026 20:39:00Stay on top of this story
Follow the names and topics behind it.
Add this story's key topics to your watchlist so LyscoNews can highlight related developments and future matches.
Create a free account to sync your watchlist, saved stories, and alerts across devices.
Quick Summary
Another office-to-residential conversion is on its way to New York City, courtesy once again of Nathan Berman’s MetroLoft Management. Quantum Pacific Realty and MetroLoft have secured an $88 million bridge loan as part of the recapitalization of 845 Third Avenue, a 21-story office property in Midtown East that will be converted into a 529-unit apartment […]