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19 W. 44th Street Savanna purchased the property at 19 W. 44th St. in October 2017.

NEW YORK CITY—Savanna, a New York City based real estate investment firm, completed its largest fundraise to date. With $591 million of capital, the closing achieved the upper end of its initial target of up to $600 million and is over 30% larger than the prior fund in the firm’s value-add series. Investors include public and private pension funds, insurance companies, high net worth family offices, foundations, and wealth management companies from North America, South America and Europe.

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Betsy Kim

Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.

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