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5 Biggest Real Estate Deals in 2015: Related Cos., Oxford Properties, Massey Knakal & More

There has undoubtedly been a lot of real estate deals over the past year. As 2015 comes to an end, the New York Post has announced the winners of their "annual Golden Bricks."

It's pretty difficult to expect what's going to happen in the next year, given that 2015's biggest real estate deals are already overwhelmingly huge. Take a look at the five of the biggest real estate deals of 2015 in the list below.

1.    The Golden Brick

The highest honor goes to Related Cos. and Oxford Properties. Apparently, the companies were able to persuade some high-profile clients to buy their spaces and even help finance an office tower at 30 Hudson Yards in New York City.

Among those clients are: Time Warner, Wells Fargo (who paid $175,441,416), and Kohlberg, Kravis & Roberts (paid $119,275,069). In addition, the developers were also able to bank a $5 billion mortgage for the property.

2.    Take Me To The Church

This honor was given to Darcy Stacom of CBRE, who helped Trinity Real Estate in persuading Norges Bank to finance 11 buildings in Hudson Square, spanning five million square feet for $3.3. billion.

Not only that, but Stacom was also able to help sell 11 Madison Avenue for $2.28 billion to SL Green. He also sold Harry Macklowe One Wall Street in 2014 for $585 million.

3.    Cash-Out Kings

The Cash-out Kings title went to Bob Knakal and Paul Massey after selling Massey Knakal to Cushman & Wakefield for a whopping $100 million. The two also took over the company's capital marketing.

4.    Homes Not Alone

As it turns out, Blackstone and Ivanhoe Cambridge hit a record this year, after buying Stuyvesant Town/Peter Cooper Village for $5.45 billion. As part of the deal, the companies agreed to still make "the middle-class enclave affordable by leaving its air up for grabs."

5.    Billion Dollar Bricks

CalPERS also bought a lot of real estate this year: 1095 Sixth Avenue was purchased for $2.23 billion, Waldorf Astoria Hotel for $1.95 billion, 787 Seventh Avenue for over $1.9 billion, and the Crown Building at 730 Fifth Avenue for $1.775 billion.

 


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