NEW YORK, March 27, 2026 /PRNewswire/ -- Waterfall Asset Management (&#34;Waterfall&#34;), an alternative investment manager focused on specialty finance opportunities within asset-backed credit, whole loans, and real

<p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass">NEW YORK</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass">March 27, 2026</span> /PRNewswire/ -- Waterfall Asset Management (&#34;Waterfall&#34;), an alternative investment manager focused on specialty finance opportunities within asset-backed credit, whole loans, and real assets, announced that its clients, managed as part of its commercial real estate lending platform, have originated a $19.5 million loan to finance Acram Group&#39;s acquisition of a 30,000-square-foot blockfront retail condominium property located at 156–168 Bleecker Street in Manhattan&#39;s Greenwich Village.</p>
<p xmlns="http://www.w3.org/1999/xhtml">Waterfall worked directly with Acram Group to source, structure and originate the financing, further strengthening the firm&#39;s ongoing relationship with the borrower.</p><p xmlns="http://www.w3.org/1999/xhtml">&#34;This investment is a reflection of the strong relationship we&#39;ve built with Acram Group and its principals, a commitment we bring to all of our borrower partnerships,&#34; said Steven Shafer, Director on Waterfall&#39;s Contract Finance team. &#34;We have great confidence in Acram&#39;s ability to execute its business plan, and we&#39;re proud to support its continued growth by providing a flexible and tailored capital solution.&#34;</p><p xmlns="http://www.w3.org/1999/xhtml">The property, in one of Manhattan&#39;s most sought-after neighborhoods, is currently 79% leased with tenants including CVS and Le Poisson Rouge. The remaining vacancy presents an opportunity to attract flagship retail and premier food and beverage tenants seeking prominent frontage in a high-traffic corridor.</p><p xmlns="http://www.w3.org/1999/xhtml">Acram Group plans to utilize the loan proceeds to reposition its portion of the landmarked building and implement strategic leasing incentives to drive the property toward full occupancy.</p><p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">About Waterfall Asset Management</b></p><p xmlns="http://www.w3.org/1999/xhtml">Waterfall Asset Management is an alternative investment manager focused on specialty finance opportunities within asset-backed credit, whole loans, and real assets. Founded in 2005, the firm utilizes a relative value approach for sourcing and investing in the private and public markets, across 60+ sectors of the asset-based finance arena. Through this multi-sector specialization, Waterfall seeks to provide its clients a compelling risk/return profile which is generally uncorrelated to most traditional investment opportunities. Waterfall is also the external manager to Ready Capital Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/RC">RC</a>), a multi-strategy real estate finance company and small business lender. Waterfall is headquartered in New York City, with additional offices in London and Dublin. To learn more, please visit <a xmlns="http://www.w3.org/1999/xhtml" href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4651229-1&amp;h=48616631&amp;u=http%3A%2F%2Fwww.waterfallam.com%2F&amp;a=www.waterfallam.com" target="_blank" rel="nofollow">www.waterfallam.com</a>.</p><p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">Media Contact<br xmlns="http://www.w3.org/1999/xhtml"></br></b>Prosek Partners<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" href="mailto:Pro-waterfallpr@prosek.com" target="_blank" rel="nofollow">Pro-waterfallpr@prosek.com</a> </p>



<p xmlns="http://www.w3.org/1999/xhtml" id="PURL"><img xmlns="http://www.w3.org/1999/xhtml" title="Cision" width="12" height="12" alt="Cision" src="https://edge.prnewswire.com/c/img/favicon.png?sn=NY20752&amp;sd=2026-03-27"></img> View original content:<a xmlns="http://www.w3.org/1999/xhtml" id="PRNURL" rel="nofollow" href="https://www.prnewswire.com/news-releases/waterfall-asset-management-originates-19-5-million-loan-to-support-acquisition-of-greenwich-village-retail-property-302726882.html" target="_blank">https://www.prnewswire.com/news-releases/waterfall-asset-management-originates-19-5-million-loan-to-support-acquisition-of-greenwich-village-retail-property-302726882.html</a></p><p xmlns="http://www.w3.org/1999/xhtml">SOURCE Waterfall Asset Management</p>

Waterfall Asset Management Originates $19.5 Million Loan to Support Acquisition of Greenwich Village Retail Property

Waterfall Announces $19.5 Million Loan for Significant Greenwich Village Property

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>NEW YORK, March 27, 2026 /PRNewswire/ -- Waterfall Asset Management (&amp;#34;Waterfall&amp;#34;), an alternative investment manager focused on specialty finance opportunities within asset-backed credit, whole loans, and real</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Waterfall Asset Management has originated a $19.5 million loan for Acram Group&#039;s acquisition of a key retail property in Greenwich Village. This loan is designed to enhance the property&#039;s occupancy and reflects Waterfall&#039;s strong confidence in Acram&#039;s business strategy and execution capabilities.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Waterfall manages a $19.5M loan for Acram Group&#039;s property acquisition.</li><li>The retail property in Manhattan is currently 79% leased.</li><li>Acram Group will use the loan for property repositioning and leasing incentives.</li><li>Waterfall aims to strengthen borrower relationships through tailored capital solutions.</li><li>This loan reflects confidence in Acram&#039;s ability to execute its business plan.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Ready Capital Corporation (RC)</strong>: Waterfall&#039;s management of RC enhances its lending capabilities.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>This article falls under &#039;Corporate Developments&#039; as it highlights significant financing activities that could influence RC&#039;s growth trajectory in real estate lending.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Successful leasing of the retail property could drive future revenue for RC.</li><li>Improvements to the property may enhance its value and financing opportunities.</li><li>Stimulated retail activity in Manhattan could positively impact RC&#039;s portfolio performance.</li><li>Expansion of Waterfall’s lending could signify growth in RC&#039;s asset base.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>$19.5 million loan secured for Acram Group&#039;s property acquisition.</li><li>The property is located at 156-168 Bleecker Street, Manhattan.</li><li>Current occupancy is at 79%, with potential for increased leasing.</li><li>Waterfall is the external manager for Ready Capital Corporation (RC).</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Consider accumulating RC shares for growth potential in real estate finance over the next 12 months.</p>
  </section>
</section>


<p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass">NEW YORK</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass">March 27, 2026</span> /PRNewswire/ -- Waterfall Asset Management (&#34;Waterfall&#34;), an alternative investment manager focused on specialty finance opportunities within asset-backed credit, whole loans, and real assets, announced that its clients, managed as part of its commercial real estate lending platform, have originated a $19.5 million loan to finance Acram Group&#39;s acquisition of a 30,000-square-foot blockfront retail condominium property located at 156–168 Bleecker Street in Manhattan&#39;s Greenwich Village.</p>
<p xmlns="http://www.w3.org/1999/xhtml">Waterfall worked directly with Acram Group to source, structure and originate the financing, further strengthening the firm&#39;s ongoing relationship with the borrower.</p><p xmlns="http://www.w3.org/1999/xhtml">&#34;This investment is a reflection of the strong relationship we&#39;ve built with Acram Group and its principals, a commitment we bring to all of our borrower partnerships,&#34; said Steven Shafer, Director on Waterfall&#39;s Contract Finance team. &#34;We have great confidence in Acram&#39;s ability to execute its business plan, and we&#39;re proud to support its continued growth by providing a flexible and tailored capital solution.&#34;</p><p xmlns="http://www.w3.org/1999/xhtml">The property, in one of Manhattan&#39;s most sought-after neighborhoods, is currently 79% leased with tenants including CVS and Le Poisson Rouge. The remaining vacancy presents an opportunity to attract flagship retail and premier food and beverage tenants seeking prominent frontage in a high-traffic corridor.</p><p xmlns="http://www.w3.org/1999/xhtml">Acram Group plans to utilize the loan proceeds to reposition its portion of the landmarked building and implement strategic leasing incentives to drive the property toward full occupancy.</p><p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">About Waterfall Asset Management</b></p><p xmlns="http://www.w3.org/1999/xhtml">Waterfall Asset Management is an alternative investment manager focused on specialty finance opportunities within asset-backed credit, whole loans, and real assets. Founded in 2005, the firm utilizes a relative value approach for sourcing and investing in the private and public markets, across 60+ sectors of the asset-based finance arena. Through this multi-sector specialization, Waterfall seeks to provide its clients a compelling risk/return profile which is generally uncorrelated to most traditional investment opportunities. Waterfall is also the external manager to Ready Capital Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/RC">RC</a>), a multi-strategy real estate finance company and small business lender. Waterfall is headquartered in New York City, with additional offices in London and Dublin. To learn more, please visit <a xmlns="http://www.w3.org/1999/xhtml" href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4651229-1&amp;h=48616631&amp;u=http%3A%2F%2Fwww.waterfallam.com%2F&amp;a=www.waterfallam.com" target="_blank" rel="nofollow">www.waterfallam.com</a>.</p><p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">Media Contact<br xmlns="http://www.w3.org/1999/xhtml"></br></b>Prosek Partners<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" href="mailto:Pro-waterfallpr@prosek.com" target="_blank" rel="nofollow">Pro-waterfallpr@prosek.com</a> </p>



<p xmlns="http://www.w3.org/1999/xhtml" id="PURL"><img xmlns="http://www.w3.org/1999/xhtml" title="Cision" width="12" height="12" alt="Cision" src="https://edge.prnewswire.com/c/img/favicon.png?sn=NY20752&amp;sd=2026-03-27"></img> View original content:<a xmlns="http://www.w3.org/1999/xhtml" id="PRNURL" rel="nofollow" href="https://www.prnewswire.com/news-releases/waterfall-asset-management-originates-19-5-million-loan-to-support-acquisition-of-greenwich-village-retail-property-302726882.html" target="_blank">https://www.prnewswire.com/news-releases/waterfall-asset-management-originates-19-5-million-loan-to-support-acquisition-of-greenwich-village-retail-property-302726882.html</a></p><p xmlns="http://www.w3.org/1999/xhtml">SOURCE Waterfall Asset Management</p>

Waterfall Asset Management has originated a $19.5 million loan for Acram Group's acquisition of a key retail property in Greenwich Village. This loan is designed to enhance the property's occupancy and reflects Waterfall's strong confidence in Acram's business strategy and execution capabilities.

Waterfall Asset Management Originates $19.5 Million Loan to Support Acquisition of Greenwich Village Retail Property

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

Related News