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Newmark Arranges $690 Million Refinancing for Sun Belt Multifamily Portfolio on Behalf of West Shore
Prnewswire· 2026-01-30 19:23
Core Insights - The transaction represents the largest multifamily closing in the U.S. year-to-date, with Newmark arranging a $690 million loan for West Shore to refinance 13 multifamily properties across multiple states [1] Company Overview - Newmark Group, Inc. is a leading commercial real estate advisor and service provider, generating over $3.1 billion in revenues for the twelve months ended September 30, 2025, and operating approximately 170 offices with over 8,500 professionals globally [6] Transaction Details - The loan secured by Newmark for West Shore is a cash-out, single-asset single-borrower (SASB) refinancing, originated by Citi, marking Newmark's third SASB transaction with West Shore in 15 months, totaling $1.8 billion in loan proceeds [2][3] - The portfolio refinanced includes 4,077 units across various properties in Florida, South Carolina, Tennessee, and Texas, featuring amenities such as pools and fitness centers [4] Market Trends - Multifamily debt originations increased by 37% year-over-year in 2025, with nearly 45% of investment sales activity concentrated in Sun Belt markets [5]
Newmark Group's Fourth Quarter and Full Year 2025 Financial Results Announcement to be Issued Prior to Market Open on Wednesday, February 25, 2026
Prnewswire· 2026-01-21 21:30
Conference call scheduled for the same day at 10:00 a.m. ET NEW YORK, Jan. 21, 2026 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading commercial real estate advisor and service provider to large institutional investors, global corporations, and other owners and occupiers, today announced the details of its fourth quarter and full year 2025 financial results press release and conference call. The Company plans to issue an advisory press release regarding the availabil ...
Newmark Facilitates Sale of 265 East 66th Street in Manhattan, New York City
Prnewswire· 2026-01-20 17:00
1Sale Marks Third-Highest Price Paid Per-Unit in NYC Since 2021 for Buildings 100 Units or larger 1NEW YORK, Jan. 20, 2026 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark"), a leading commercial real estate advisor and service provider to global corporations, institutional investors, and owners and occupiers, announces the Company has represented GO Residential Real Estate Investment Trust (GO REIT) in the sale of a significant stake in 265 East 66th Street, a luxury high-rise multifamily prop ...
Newmark Arranges 1.4 Million-Square-Foot Industrial Lease with Leading Beverage Manufacturer DrinkPAK
Prnewswire· 2026-01-12 14:00
Core Insights - Newmark Group, Inc. has facilitated a significant industrial lease of 1.4 million square feet with DrinkPAK at The Bellwether District in Philadelphia, marking it as one of the largest industrial transactions in the city's history since 2020 [1][3] Company Overview - Newmark Group, Inc. is a leading commercial real estate advisor and service provider, operating globally with over 170 offices and more than 8,500 professionals [6] - For the twelve months ending September 30, 2025, Newmark generated revenues exceeding $3.1 billion [6] Industry Impact - DrinkPAK's lease at The Bellwether District is expected to drive job creation, supply chain expansion, and regional economic growth in Greater Philadelphia [3] - The development site, previously a refinery, is being transformed into a 1,300-acre hub for innovation and manufacturing, featuring state-of-the-art infrastructure and multimodal connectivity [4][5] Development Details - Construction at The Bellwether District has begun, with an anticipated move-in date in the first half of 2027 [4] - The site is strategically located near Philadelphia International Airport and major highways, enhancing its position as a logistics gateway on the East Coast [5]
Newmark Arranges $203 Million Off-Market Sale of Mid-Atlantic Micro-Bay Industrial Portfolio
Prnewswire· 2026-01-06 14:00
Core Insights - Newmark Group, Inc. has successfully arranged the off-market sale of a $203 million micro-bay industrial portfolio, consisting of nearly 1.4 million square feet across the Mid-Atlantic region, to Silverman Group [1] Company Overview - Newmark is a leading commercial real estate advisor and service provider, catering to global corporations, institutional investors, and property owners [1] - For the twelve months ending September 30, 2025, Newmark generated revenues exceeding $3.1 billion and operates approximately 170 offices with over 8,500 professionals globally [5] Industry Insights - The small-bay industrial segment is noted for its resilience, driven by fragmented ownership, diversified tenancy, and consistent local demand [3] - The portfolio sold includes around 50 buildings and 600 tenants, strategically located in densely populated areas of Maryland and Northern Virginia, which are characterized by supply constraints [1][3] - Investor demand for well-located small-bay industrial assets is increasing, particularly in infill markets where new construction is cost-prohibitive [4] - U.S. industrial market conditions have stabilized, with a reported 11% year-over-year increase in national industrial sales volume through the third quarter of 2025, indicating renewed interest in smaller-format and infill assets [4]
Newmark(NMRK) - 2025 FY - Earnings Call Transcript
2025-12-30 16:02
Financial Data and Key Metrics Changes - The meeting confirmed a quorum with at least 132,154,996 shares of Class A Common Stock and 21,285,533 shares of Class B Common Stock represented, indicating strong shareholder engagement [6][8] - The voting results showed at least 256,240,476 votes in favor of the nominated directors, reflecting solid support for the board [7][8] - The ratification of Ernst & Young as the independent registered public accounting firm received at least 344,576,329 votes, demonstrating confidence in the company's financial oversight [8][9] - The advisory vote on executive compensation garnered at least 245,525,288 votes in favor, indicating shareholder approval of the compensation structure [9][10] Business Lines and Key Metrics Changes - No specific data on individual business lines was provided during the meeting, focusing instead on overall governance and shareholder matters Market Data and Key Metrics Changes - No specific market data or metrics were discussed in the meeting Company Strategy and Development Direction - The company continues to emphasize strong governance through the election of directors and the appointment of independent auditors, which aligns with best practices in corporate governance [7][8] - The focus on maintaining shareholder engagement and transparency is evident through the voting process and the advisory vote on executive compensation [9][10] Management's Comments on Operating Environment and Future Outlook - Management did not provide specific comments on the operating environment or future outlook during the meeting, as the focus was primarily on governance and shareholder matters [11][12] Other Important Information - The meeting was recorded, and an audio replay will be available on the Investor Relations website, ensuring transparency and accessibility for shareholders [4][11] - Forward-looking statements were made with caution, highlighting the potential risks and uncertainties that could affect future results [11][12] Q&A Session Summary Question: No questions were raised during the Q&A session - There were no questions submitted by shareholders during the meeting, indicating either satisfaction with the information provided or a lack of immediate concerns [14]
Newmark(NMRK) - 2025 FY - Earnings Call Transcript
2025-12-30 16:02
Financial Data and Key Metrics Changes - The meeting confirmed the presence of a quorum with at least 132,154,996 shares of Class A Common Stock and 21,285,533 shares of Class B Common Stock represented [6][8] - Stockholders cast at least 344,576,329 votes in favor of the ratification of Ernst & Young as the independent registered public accounting firm for the fiscal year ending December 31, 2025 [8][9] - The advisory vote on executive compensation received at least 245,525,288 votes in favor, indicating strong support for the compensation paid to the company's named executive officers [9][10] Business Line Data and Key Metrics Changes - No specific data on business line performance or key metrics was provided during the meeting Market Data and Key Metrics Changes - No specific market data or key metrics were discussed during the meeting Company Strategy and Development Direction and Industry Competition - The company continues to focus on maintaining strong governance and transparency as evidenced by the election of directors and the ratification of independent auditors [7][8] - The company is committed to aligning executive compensation with performance, as shown by the advisory vote on executive compensation [9] Management's Comments on Operating Environment and Future Outlook - Management did not provide specific comments on the operating environment or future outlook during the meeting Other Important Information - The meeting was conducted virtually, and stockholders were encouraged to submit questions via the web portal, although no questions were received during the session [11][14] - The company emphasized that forward-looking statements are subject to risks and uncertainties, and actual results may differ from expectations [11][12] Q&A Session Summary Question: No questions were submitted during the meeting - There were no questions from stockholders during the Q&A session [14]
Newmark(NMRK) - 2025 FY - Earnings Call Transcript
2025-12-30 16:00
Financial Data and Key Metrics Changes - The meeting confirmed a quorum with at least 132,154,996 shares of Class A Common Stock and 21,285,533 shares of Class B Common Stock represented, indicating strong shareholder engagement [6][9] - The stockholders cast at least 344,576,329 votes in favor of the ratification of Ernst & Young as the independent registered public accounting firm for the fiscal year ending December 31, 2025, reflecting confidence in the company's financial oversight [9][10] Business Line Data and Key Metrics Changes - No specific data on business line performance or key metrics was provided during the meeting Market Data and Key Metrics Changes - No specific market data or key metrics were discussed during the meeting Company Strategy and Development Direction - The company continues to focus on maintaining strong governance and financial oversight as evidenced by the election of directors and the ratification of the independent auditor [9][10] Management Comments on Operating Environment and Future Outlook - Management did not provide specific comments on the operating environment or future outlook during the meeting, but emphasized the importance of shareholder engagement and governance [12][13] Other Important Information - The meeting included an advisory vote on executive compensation, with at least 245,525,288 votes in favor, indicating shareholder support for the compensation structure [10][11] - The company will file the final tabulations of the votes in a Form 8-K with the SEC, ensuring transparency [11] Q&A Session Summary Question: No questions were raised during the Q&A session - There were no questions submitted by stockholders during the meeting [15]
Newmark Advises Scholastic on $386 Million Sale-Leaseback of New York City Headquarters
Prnewswire· 2025-12-19 16:04
Core Insights - Newmark Group, Inc. acted as the exclusive real estate advisor for Scholastic Corporation in a $386 million sale-leaseback transaction involving its New York City headquarters [1][2] - The transaction allows Scholastic to sell the property to Empire State Realty Trust while entering a long-term lease to maintain operations at the site, thereby reducing its overall footprint [2][3] - The sale-leaseback agreement includes a 15-year lease with extension options, with Empire State Realty Trust responsible for property maintenance and capital improvements [3] Company Overview - Newmark Group, Inc. is a leading commercial real estate advisor with a comprehensive suite of services tailored to various clients, including corporations, institutional investors, and property owners [4] - For the twelve months ending September 30, 2025, Newmark generated revenues exceeding $3.1 billion and operates approximately 170 offices with over 8,500 professionals globally [4]
Newmark Arranges $630 Million Refinancing for 830 Brickell in Miami
Prnewswire· 2025-12-17 16:04
Core Insights - Newmark Group, Inc. has successfully arranged a $630 million refinancing loan for the newly completed Class-A office tower, 830 Brickell, located in Miami's Brickell neighborhood [1][2] Company Overview - Newmark Group, Inc. is a leading commercial real estate advisor and service provider, catering to global corporations, institutional investors, and property owners and occupiers [1] - For the twelve months ending September 30, 2025, Newmark generated revenues exceeding $3.1 billion and operates approximately 170 offices with over 8,500 professionals across four continents [4] Project Details - The 57-story office tower, designed by Adrian Smith + Gordon Gill Architecture, is Miami's first Class-A office delivery in over a decade and was completed in 2024 [3] - The building hosts notable tenants such as Microsoft, Citadel, Kirkland & Ellis, CI Financial, Thoma Bravo, Marsh Insurance, Santander Bank, and Sidley Austin, highlighting Miami's growth as a global business hub [3]