Commercial/Multifamily Briefs, Aug. 21, 2025

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Newmark Announces Alliance Agreement With Mountain West Commercial Real Estate

Newmark, Washington, D.C., has announced an alliance agreement with Mountain West Commercial Real Estate, Salt Lake City, which will strengthen its presence in Utah, Idaho, Wyoming, Montana and Nevada.

Mountain West will operate as Newmark Mountain West, an independently owned and operated member of the Newmark Licensee Group and leverage Newmark’s brand and network.

Newmark Mountain West has nearly 200 employees and offices throughout the region.

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Greystone Real Estate Capital Closes Low-Income Housing Tax Credit Fund

Greystone Real Estate Capital, New York, has closed Greystone Affordable Housing Fund I LP, a $103 million LIHTC fund.

It will support the development and preservation of nearly 1,000 affordable housing units across 11 properties in six states.

It marks a pivotal milestone for Greystone Real Estate Capital after the formation of the platform in early 2024.

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