Newmark, New York, arranged a $210 million financing facility for a 904-key portfolio of four under construction and soon-to-be-delivered citizenM hotels.
Tag: Newmark
Dealmaker: Newmark Closes $53M Office Property Sale
Newmark, New York, sold Gilbert, Ariz., office property The Reserve at San Tan for $53.1 million.
Life Science Real Estate Poised for Growth
Despite stock market turmoil, slowing venture capital funding and interest rate volatility, life science real estate remains well-positioned for future growth, said Newmark, New York.
Dealmaker: Newmark Sells Silicon Valley Office Campus for $365M
Newmark, New York, sold Moffett Green, a recently renovated office campus in Sunnyvale, Calif., for $365 million.
Dealmaker: Newmark Sells Palo Alto Office for $39M
Newmark, New York, sold 250 Cambridge, a three-story Palo Alto, Calif. office building, for $39.3 million.
Digitalization, Demographics, Deglobalization Redefine Industrial Real Estate
Digitalization, demographics and deglobalization will drive the industrial market growth in the near future, said Newmark, New York.
Life Science Outperforms Most Niche Sectors
Life science real estate capital markets activity reached a new record last year as investment volume climbed to $18.4 billion, “reflecting immense investor demand and continued liquidity in the cluster markets,” Newmark said in a Life Science Overview and Market Cluster report.
Dealmaker: Newmark Completes $14M Office Sale in Burlington, Mass.
Newmark, New York, sold 328-330 Cambridge Street in Burlington, Mass., for $14.3 million.
Dealmaker: Newmark Completes $233M Philadelphia Multifamily Sale
Newmark, New York, completed the $233 million sale of 1500 Locust, a 45-story mixed-use multifamily building in Center City Philadelphia.
Dealmaker: Harbor Group Acquires $475M North Carolina Workforce Housing Portfolio
Harbor Group International LLC, Norfolk, Va., acquired an eight-asset workforce housing portfolio in North Carolina’s Research Triangle for $475 million.