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APF Properties

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APF Properties co-founders Berndt Perl and/or Kenneth Aschendorf with 25 West 45th Street
New York
Feb 6, 2026

APF Properties loses Midtown office to lender for $45M

Wells Fargo snaps up 25 West 45th at foreclosure auction
APF faces $70M office foreclosure as portfolio struggles
New York
May 24, 2024

APF faces $70M office foreclosure as portfolio struggles

WeWork exits, aging assets make for perfect storm
APF Defaults on Another Office Building Once Leased to WeWork
New York
Jan 21, 2025

APF defaults on another WeWork-less office building

Firm has wiggled out of distress on other problem assets

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