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Wealth Advisor Daily
You’re reading this edition
Edition No. 053
New York · London
Wealth Advisor Daily
The advisor's edition — practice, portfolio, and the book.
Monday, October 5, 2026
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1
stories · 24h
938
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17,628
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Elecor Properties
Watch
In PWD coverage since August 25, 2026 · 5 stories
4
Deals on our tracker
Deal record
Full tracker →
Oct 4, 26
Deal closed
Rithm Capital · DRA Advisors · 1301 Avenue of the Americas
· $1.3B
—
coverage
Oct 1, 26
Deal closed
Rithm Capital · DRA Advisors
—
coverage
Oct 1, 26
Deal closed
Rithm Capital · DRA Advisors
—
coverage
Aug 24, 26
Deal announced
KeyBank
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coverage
PWD coverage
Deals & PE
DRA Advisors takes 49% of 1301 Avenue of the Americas in Rithm joint venture
Sources close to the deal value the fully leased Midtown tower at $1.3 billion; Rithm keeps 51 percent and the operating mandate through Elecor Properties.
Deals & PE · Oct 2
Rithm closes DRA joint venture at 1301 Avenue of the Americas, terms undisclosed
Deals & PE · Oct 2
Rithm closes DRA joint venture at 1301 Avenue of the Americas
sectors · Sep 17
Elecor bets a lobby and two amenity floors can move 1633 Broadway up-market
sectors · Aug 25
KeyBank signs 15-year renewal and expansion at Elecor Tower
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