Connect CREArticle
Cerberus Acquires Multifamily Loan Book with Heavy Rent-Regulated Exposure
Cerberus Capital Management has acquired a $1.3-billion loam book with heavy exposure to rent-regulated apartments in New York City, Bloomberg News reported. The seller was OceanFirst Financial Corp., which priced the loans at about 92 cents on the dollar. With about $736 million of the $1.3-billion portfolio tied…
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Provenance
- Publisher
- Connect CRE
- Obtained from
- Connect CRE
- Published
- Jul 28, 2026
- Last updated
- Jul 28, 2026 (today)
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