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The Ruby Acquired by Oaktree Capital Management — Real Estate M&A

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Real Estate ServicesNew YorkOther

Deal Summary

Oaktree provided mezzanine debt and SMBC a senior loan to refinance The Ruby, a 480-unit West Chelsea multifamily development in Manhattan.

Key Details

Transaction
Oaktree Capital Management acquires The Ruby
Deal Size
Under $10M
Reported Value
$211M

Source

Read full article on commercialobserver.com

via Commercial Observer - Finance · March 24, 2026

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