New York Life Real Estate Investors closes real estate joint venture targeting special situation investments.

ABOUT NEW YORK LIFE REAL ESTATE INVESTORS

New York Life Real Estate Investors (NYLREI) is a full service, fully integrated real estate enterprise with more than 180 professionals. The division has market-leading capabilities in origination, underwriting, and investment in real estate equity products and related debt, including real estate equity investments, commercial mortgage loans and commercial mortgage-backed securities. With approximately $68 billion in assets under management as of Sept. 30, 2024,¹ NYLREI is actively seeking to acquire additional properties throughout the U.S.

NYLREI is a division of NYL Investors LLC, a wholly-owned subsidiary of New York Life Insurance Company. For more information, please visit: www.nylinvestors.com.

1 REI AUM of $68.2B is gross and includes AUA ($0.6B) as of 9/30/2024. Net AUM for Real Estate Investors is $65.7B as of 9/30/2024.