All Deals
January 5, 2026 - Deals
Jeff T. Blau And Oxford Properties Secure $1.6B Loan For 70 Hudson Yards In Manhattan
LOAN
IMAGE: Jeff T. Blau, Roger Ferris & Dean Shapiro
DATE: 01/05/2026
ADDRESS: 70 Hudson Yards
MARKET: Manhattan
ASSET TYPE: Office
LENDER: Wells Fargo (@WellsFargo), Bank of America (@BankofAmerica) & Standard Chartered (@StanChart)
LANDLORD: Jeff T. Blau - Related Companies (@RelatedCos) & Oxford Properties Group (@OxfordPropGroup)
LOAN AMOUNT: $1,600,000,000
LOAN TYPE: Construction
NOTE: Related Cos. and Oxford Properties secured a $1.6B construction loan and additional equity to fully fund Manhattan’s 70 Hudson Yards, a 72-story office tower set to house Deloitte’s US headquarters.
#NewYork #RealEstate #TradedNY #NY #NewYorkRealEstate #NYCRealEstate #Manhattan #NewYorkCity #Office #RelatedCompanies #OxfordPropertiesGroup #WellsFargo #BankofAmerica #StandardChartered #JeffTBlau
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FOUNDER: Paul Benigeri
HQ: New York, New York
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Palo Alto Networks Acquires AI Startup Console For $500 MillionConsole, a San Francisco-based AI startup, has been acquired by Palo Alto Networks for a reported $500 million, just two years after its founding. The company had raised $29 million across two funding rounds and was valued at $157 million in its latest round. Palo Alto Networks CEO Nikesh Arora was among Console’s early investors, while Thrive Capital, led by Joshua Kushner, led both of the startup’s funding rounds. Palo Alto plans to integrate Console’s AI agent technology into its Cortex security platform.
ACQUISITION: $500,000,000
HQ: San Francisco, CA
#VentureCapital #Console #NikeshArora #TradedVC