Newmark, New York, reported multifamily demand surged in the first quarter with nearly 104,000 units absorbed–the largest first-quarter total since 2000.
Tag: Newmark
Dealmaker: Newmark Arranges $154M Office Building Sale in Los Angeles
Newmark, New York, arranged the sale of a 1.1 million-square-foot office building in downtown Los Angeles for $153.5 million to Carolwood Equities.
Newmark: Industrial Sector Shows Solid Outlook, but Headwinds Persist
Newmark, New York, found the industrial market had some challenges in the first quarter, but the sector remains on a long-term growth trajectory.
Dealmaker: Newmark Completes $45M Sale of Massachusetts Shopping Plaza
Newmark, New York, announced the $45.25 million sale of a grocery-anchored shopping center–Lincoln Plaza in Hingham, Mass.
Dealmaker: Newmark Executes $22.5M Office-to-Apartment Conversion Sale
Newmark, New York, closed $22.5 million to sell City Centre I, a 6.8-acre multifamily redevelopment project at 625 The City Drive South in Orange, Calif.
Dealmaker: Newmark Arranges $248M for The Biltmore in New York
Newmark, New York, arranged $248 million to refinance The Biltmore, a 464-unit apartment building in Manhattan’s Midtown West submarket.
Dealmaker: Newmark Secures $50M for Medical Office Building Portfolio
Newmark, New York, secured $50.4 million for a national medical office building portfolio.
Dealmaker: Newmark Secures $400M Freddie Mac Tenant Advancement Commitment for Comunidad Partners
Newmark, New York, secured a $400 million Freddie Mac Tenant Advancement Commitment for borrower Comunidad Partners, San Diego.
Dealmaker: Fontainebleau Las Vegas Secures $2.2B in Construction Financing
A partnership between Fontainebleau Development, Aventura, Fla., and Koch Real Estate Investments, Dallas, secured a $2.2 billion construction loan to complete 67-story hotel and casino Fontainebleau Las Vegas.
Dealmaker: Newmark Arranges $127M in New York
Newmark, New York, arranged $127.4 million to refinance 575 Broadway, a mixed-use office/retail building in Manhattan.