Siguler Guff Originates $16.2 Million Mezzanine Loan for Park Square Multifamily Development

NEW YORK, November 5, 2026 - Siguler Guff & Company, LP ("Siguler Guff" or the "Firm"), a multi-strategy private markets investment firm, today announced that it has provided a $16.2 million mezzanine construction loan for Park Square, a planned mixed-use development in Yonkers, New York. The financing complements a $101.9 million senior loan from Webster Bank for the project, which is sponsored by Titan Real Estate Development.
Park Square will include 340 apartments, approximately 21,000 square feet of ground-floor retail space and 440 parking spaces in Yonkers, a growing transit-oriented market with direct access to New York City.

"We are pleased to partner with Titan Real Estate Development. We believe the combination of a strong location, favorable market dynamics and Titan's development experience creates an attractive investment opportunity," commented Adam Domanico, Principal, Real Estate Investments at Siguler Guff.

Titan Real Estate Development is a Roslyn-based developer with a track record of land banking, assembling, entitling, constructing and operating residential properties throughout the tri-state region, with a focus on Yonkers and Westchester County. Its projects include Hudson Blue, a 94-unit residential development located approximately a quarter mile from Park Square. The City of Yonkers selected Titan to develop Park Square, which will include studio and one-bedroom apartments, retail space and amenities such as a fitness center, resident lounge, business center, roof deck, pet spa and shuttle service to the nearby Metro-North station. The project will also include 34 affordable housing units.

According to CoStar, Yonkers benefits from its proximity to New York City, transportation infrastructure and growing employment base. The city is home to more than 200,000 residents, according to the U.S. Census Bureau, and offers an approximately 30-minute Metro-North commute to Grand Central Terminal. CoStar reports that rental vacancies remain below 5%, with continued absorption of newly delivered apartments.

"Siguler Guff is exactly the lending partner that Titan Real Estate was looking for. After an extensive process of interviewing numerous lenders, we determined that Siguler Guff was the right choice for Titan, meeting our needs and aligning our vision for the project," said Mitchell Del Gais. "Their leadership and expertise were instrumental in structuring this critical piece of our capital stack, and we are pleased to have them as a partner."

About Siguler Guff
Siguler Guff is a multi-strategy private markets investment firm with approximately $19 billion of assets under management as of June 30, 2026. With 30 years of experience investing in private markets, Siguler Guff seeks to focus opportunistically on market niches globally. The Firm's core investment strategies include Small Business Buyout, Emerging Markets, Opportunistic Credit, Real Estate and Small Business Credit. Siguler Guff's institutional investment knowledge, sector immersion approach and longstanding relationships can provide access to attractive investment opportunities within its targeted strategies. The Firm serves institutional clients, including corporate and public employee benefit plans, endowments, foundations, government agencies, and financial institutions, along with family offices and high net worth investors. For further information, please visit www.sigulerguff.com