Joint Venture between Metro Loft Developers and David Werner Real Estate Investments

About Joint Venture between Metro Loft Developers and David Werner Real Estate Investments

Metro Loft NYC is a vertically integrated real estate development and management company based in Manhattan. Founded by Nathan Berman, the company specializes in converting commercial properties into modern residential spaces, preserving historical details while incorporating state-of-the-art amenities. With over 30 years of experience, Metro Loft has pioneered residential conversions, redeveloping iconic buildings and managing notable condominium and rental properties in New York City.

Products & Services

180 Water Street:A 29-story multifamily rental development in the Seaport District, originally a 24-story office tower built in 1971. Features 580 luxury units, 480,000 sq ft, and amenities like a rooftop terrace with pool, fitness center, and tenant lounge.

443 Greenwich Street:A former bookbindery built in 1882 in Tribeca, converted into 53 condominium residences across 7 stories with 260,000 sq ft. Includes restored historical elements and modern luxury finishes.

20 Broad Street:Once home to the New York Stock Exchange, reimagined into a 30-story building with 533 luxury rental apartments and 500,000 sq ft, featuring mid-century modern style and high-end finishes.

Commercial-to-Residential Conversion Services:Specialized services for transitioning commercial properties into residential spaces in New York City, managing phased redevelopment and leasing while maintaining ongoing commercial tenancies.

Specialties

Commercial-to-Residential Conversions Historical Property Redevelopment Luxury Residential Development Property Management

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Loan T: - FT: Loan	A: 720000000 MR: - FA: $720 million FAN: 720000000	D: 2025-05-19 FD: 2025-05-19	1 investors

Loan Latest

2025-05-19

$720.0M

1 investor (Pro only)

Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

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Team & Leadership

N

Nathan Berman

Founding Principal

M

Marc Fried

General Counsel and Chief Operating Officer

D

Daniel Berman

Vice President

M

Mitchell Wasser

Chief Marketing Officer

R

Robert Travis

Director of Development and Construction

J

Jack Berman

Director of Operations

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