Latest Savanna News & Updates

See the latest news and media coverage for Savanna. We track all announcements, press releases, and industry mentions in real time, all in one place.

Savanna

Vertically integrated real estate investment manager

savannafund.com

Headquarters: New York, United States
Company type: Private company
Number of employees: 125–200
Industry: Real Estate Rental, Development & Operations

Last updated Today

Latest news about Savanna

In short: Savanna managed office property sales at steep losses while navigating financial distress and securing new acquisitions and financing.

Company announcements

15 April 2025 Savanna

Savanna secures $380 million loan for Olara housing project

The West Palm Beach development includes 287 condos and 170 rentals. Amenities feature a lap pool, spa, fitness center, and Jose Andres restaurant. Move-ins expected by end of 2027.

15 April 2025 Savanna

Savanna acquires 430 West 15th Street ground lease from Invesco

The 100,000-square-foot Manhattan office sold for $85 million in cash. Invesco paid $150 million in 2018.

15 April 2025 Savanna

Savanna acquires Class-A office at 799 Broadway for $255 million

The 12-story, 176k sq ft property in Greenwich Village is newly built, 71% leased with modern wellness amenities. Acquired via distressed lender sale.

15 April 2025 Savanna

Savanna restructures $334M debt on 110 William Street

Pacific Oak and Savanna agree with Invesco after unnamed NYC agency leases 640,000 sq ft for 20 years. Savanna transfers 40% ownership to Pacific Oak, who invests $110-130M in improvements.

Media coverage

August 31 REBusinessOnline

Olmstead, Vertex Buy 302,000 SF Office Building in Midtown Manhattan

Tenants include Yipit, HARMAN International, Robert Derector, Corporate Service Corp., EOS Products and Bitwise. Will Silverman of Eastdil Secured Savills represented the seller, Savanna, in...

June 9 The Real Deal

Savanna dumps more office properties

Savanna is one of the most active players in the New York City office space these days, a narrative furthered by yet another investment sale...

June 8 Commercial Observer

Kaufman in $125M Contract to Buy Savanna’s Madison Square Collection

Two Madison Square Park buildings are about to change hands, Commercial Observer has learned. Savann...

June 5 Commercial Observer

Olmstead Buys 19 West 44th Street From Savanna at a 45% Haircut

Savanna has sold 19 West 44th Street for a steep loss nearly nine years after acquiring the 18-story...

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