White Oak Real Estate Capital Provides $46.2MM Senior Secured Loan for a Mixed-Use Development in Tuxedo, New York

July 17, 2025 - White Oak Real Estate Capital (WOREC), an affiliate of White Oak Global Advisors, has issued a $46.2 million senior secured loan to fund the first phase of The Village at Tuxedo Reserve, a mixed-use development by Related Companies in Tuxedo, New York. This phase will include 93 luxury rental units and retail space, forming part of a larger 1,200-acre master-planned community by Lennar Corporation that will eventually feature nearly 1,300 homes and 43,000 square feet of commercial space.

WOREC views the project as a major opportunity to develop a vibrant residential and retail hub in the Hudson Valley, located just 30 miles from Manhattan. The transaction was arranged by Max Ralby’s team at Newmark, with Phase I completion anticipated in Fall 2026.