Tag : newmark

Newmark Named Exclusive Leasing Agent of Extell’s New Medical Office Development 
Deals & Dealmakers

Newmark Named Exclusive Leasing Agent of Extell’s New Medical Office Development 

REW
Newmark, in partnership with Extell Development Company, announces the firmhas been named the exclusive leasing agent for the renowned developer’s ground-up medical office property, 1520 First Avenue. The 435,000-square-foot, 30-story, mixed-use tower will be the first privately built medical office building developed on the Upper East Side, bringing state-of-the-art facilities...
Newmark Secures $947 Million Loan for Park La Brea Apartments in Los Angeles, California
FeaturedResidential

Newmark Secures $947 Million Loan for Park La Brea Apartments in Los Angeles, California

REW
Newmark Group, Inc. (Nasdaq: NMRK) (“Newmark” or “the Company”), a leading adviser and service provider to large institutional investors, global corporations, and other owners and occupiers of commercial real estate announces it has secured a $947 million loan for Los Angeles’ historic Park La Brea, the largest apartment community on the West...
Newmark Arranges Equity for Grocery-Anchored Acquisitions
Retail

Newmark Arranges Equity for Grocery-Anchored Acquisitions

REW
 Newmark has arranged a joint venture (the “Venture”) between Rosenthal Properties, FarmViewVentures, and H.I.G. Realty Partners for the $110 million acquisition of four grocery-anchored shopping centers (the “Portfolio”) in the Richmond, VA MSA. The Newmark team was led by Co-Heads of the Debt & Equity team Jordan Roeschlaub and Dustin Stolly,...
Newmark Arranges $91 Million Financing of Kushner Companies and Block Capital Group’s Wynwood 27 & 28
Deals & Dealmakers

Newmark Arranges $91 Million Financing of Kushner Companies and Block Capital Group’s Wynwood 27 & 28

REW
Newmark announces it has arranged a $91 million loan on behalf of Kushner Companies and Block Capital Group for the refinancing of Wynwood 27 & 28. The property is on NW 27th Street (adjacent to NW 2nd Ave) in Miami’s highly trendy, up-and-coming Wynwood submarket.   The Newmark team was led by Jordan Roeschlaub and Dustin...
Newmark Completes $18.3 Million Sale of Multifamily Development in Los Angeles’ South Bay Submarket
Residential

Newmark Completes $18.3 Million Sale of Multifamily Development in Los Angeles’ South Bay Submarket

REW
Newmark announces it has completed the $18.3 million sale of Del Amo Village, a multifamily development site located in Torrance, California, within Los Angeles County’s South Bay submarket. Situated on 2.8 acres, Del Amo Village’s development plan includes entitlements for 200 market-rate units. Newmark Co-Head, U.S. Capital Markets Kevin Shannon, Executive...
Newmark Facilitates Sale of Five-Building Industrial Park in Carson, California
Deals & Dealmakers

Newmark Facilitates Sale of Five-Building Industrial Park in Carson, California

REW
Newmark announces that it has arranged the sale of Carson Business Park, a 38,152-square-foot, five-building industrial park situated on 1.9 acres in Carson, California. Newmark Senior Managing Director Scott Schumacher and Associate Director Aaron Banks in collaboration with Co-Head, U.S. Capital Markets Kevin Shannon, Executive Managing Director Andrew Briner and Managing Director...
Newmark Executes $22.5 Million Sale of Office-to-Apartment Conversion Property in Orange County,California
Residential

Newmark Executes $22.5 Million Sale of Office-to-Apartment Conversion Property in Orange County,California

REW
Newmark announces the $22.5 million sale of City Centre I, a 6.8-acre, multifamily redevelopment project located at 625 The City Drive South in Orange, California. Newmark Co-Head, U.S. Capital Markets Kevin Shannon, Executive Managing Directors PaulJones and Ken White, Senior Managing Director Chris Benton, Managing Director AnthonyMuhlstein and Director Brandon White represented the undisclosed seller. The buyer...
Newmark Arranges Sale of 41,638-Square-FootIndustrial Project in Rancho Dominguez, Unincorporated Los Angeles County
Deals & Dealmakers

Newmark Arranges Sale of 41,638-Square-FootIndustrial Project in Rancho Dominguez, Unincorporated Los Angeles County

REW
Newmark announces that it has arranged the sale of Dominguez Business Center, a 41,638-square-foot industrial project situated on 2.0 acres in Ranch Dominquez, an unincorporated community in Los Angeles County, California. Newmark Senior Managing Director Scott Schumacher and Associate Director Aaron Banks in collaboration with Co-Head, U.S. Capital Markets Kevin Shannon, Executive...
Newmark Arranges $150 Million Construction Loan for Inwood Mixed-Use Project Developed by Arden Group
Deals & Dealmakers

Newmark Arranges $150 Million Construction Loan for Inwood Mixed-Use Project Developed by Arden Group

REW
 Newmark has arranged a $150 million construction loan on behalf of Arden Group for its development of 4650 Broadway. The property is a planned mixed-use 19-story residential and commercial asset located across from historic Fort Tyron Park in Upper Manhattan’s Inwood neighborhood. The Newmark team was led by Co-Heads of Debt &...
Newmark Facilitates Recapitalization of 15 Necco Street in Boston, Massachusetts
Deals & Dealmakers

Newmark Facilitates Recapitalization of 15 Necco Street in Boston, Massachusetts

REW
Newmark has arranged the recapitalization of 15 Necco Street, a 345,995-square-foot Class A life science asset currently being developed in the Seaport District of Boston, Massachusetts. Newmark Co-Head of U.S. Capital Markets Robert Griffin, Executive Vice Chairman Edward Maher, Vice Chairman Matthew Pullen and Managing Director Samantha Hallowell of the...