NEW YORK, June 12, 2025 /PRNewswire/ -- Newmark Title Services announces that the Company provided title and escrow services for the $700 million recapitalization and refinancing of a national multifamily portfolio owned by Nitya Capital. The 18-property, six-state portfolio includes a blend of Class A student housing and Class B market-rate multifamily assets in high-growth markets such as Dallas, Indianapolis, the Carolinas, Nashville, Phoenix and Las Vegas.The transaction was executed through a Single As ...

Mag Mile Capital, Inc Indy Closing Chicago, Illinois, June 11, 2025 (GLOBE NEWSWIRE) -- Mag Mile Capital, Inc. (OTCQB: MMCP) ("Mag Mile", or the "Company") is pleased to announce the successful closing of $9.75 million in cash out CMBS financing for the Holiday Inn at Indianapolis Airport, a premium hotel located in Indianapolis, Indiana. The financing was structured with a 60% loan-to-value (LTV) ratio, a 5-year loan term, and a 30-year amortization schedule. The limited-recourse loan closed in May 202 ...

Core Insights - Newmark Group, Inc. has arranged a $675 million loan for the refinancing of Independence Plaza, a multifamily property in Manhattan, on behalf of Vornado Realty Trust and Stellar Management [1] - Independence Plaza consists of 1,328 residential units across three 39-story towers, totaling 1.4 million square feet [2] - Vornado Realty Trust is a leading Real Estate Investment Trust with a focus on New York City, managing over 26 million square feet of LEED certified buildings [3] - Stellar Management, founded in 1985, manages over 13,000 apartments and nearly three million square feet of office and retail space, focusing exclusively on New York City [4] - Newmark Group, Inc. generated revenues exceeding $2.8 billion for the twelve months ending March 31, 2025, and operates from 165 offices globally with approximately 8,100 professionals [5]

Student teams apply ARGUS software to tackle complex CRE investment cases; IREBS International Real Estate Business School at University of Regensburg secures first placeTORONTO, June 09, 2025 (GLOBE NEWSWIRE) -- Altus Group Limited (ʺAltus Group”) (TSX: AIF), a leading provider of commercial real estate (“CRE”) intelligence, today announced the winners of its 16th annual ARGUS University Challenge – a milestone that reflects both the longevity of the program and Altus Group’s continued leadership in the CR ...

Core Insights - Several boutique real estate investment firms and fund management institutions in Australia are increasing their investments in commercial properties located in regional cities, with some retail and hotel properties yielding annual returns as high as 8% [1][7] - This trend reflects a strong preference among private equity capital for "stable cash flow + high cost-performance assets" [1] Investment Activity - Blackfox Property Group has been an active player in single-asset investments, acquiring a total of 13 assets valued at approximately AUD 150 million, including a recent purchase of a large retail center in Shepparton for over AUD 27 million [3][4] - The Shepparton Home retail center is a dominant large format retail center in the region, with major tenants including Provincial Home Living, Nick Scali, and Fantastic Furniture [3] - Blackfox's investment strategy focuses on retail assets in growing regional towns with strong brand tenants, expecting an annualized cash dividend yield of around 8% and an internal rate of return (IRR) of 13%-14% over six years [3][4] Market Dynamics - The acquisition price of Shepparton Home is below its reconstruction cost, indicating potential for further value appreciation [4] - The investor base for Blackfox includes high-net-worth individuals, family offices, and wealth management companies, all showing increasing demand for low-risk, high-dividend real estate products [4] Broader Market Trends - Other firms like Haben and Fawkner Property are also heavily investing in regional markets, indicating a broader trend among both small and large institutions [4][5] - The investment landscape in regional cities is characterized by smaller transaction units but higher liquidity, particularly in the retail real estate sector [4][6] Summary of Investment Value - The investment value of regional assets is being reassessed, with private equity funds and high-net-worth clients seeking stable cash flow and capital appreciation potential in the current global capital return environment [7] - This segment is expected to become an increasingly significant force in the Australian commercial real estate market [7]

ARGUS Intelligence’s new Benchmark Manager recognized for “Best Tech Innovation in CRE”TORONTO, June 05, 2025 (GLOBE NEWSWIRE) -- Altus Group Limited (“Altus” or “the Company”) (TSX: AIF), a leading provider of commercial real estate (“CRE”) intelligence, is pleased to share that its newly released Benchmark Manager add-on on ARGUS Intelligence has been awarded the 2025 Realcomm Digie Award for Best Tech Innovation in CRE. Presented at the Realcomm | IBcon 2025 conference in Savannah, GA, the award celebrat ...

Group 1 - Colliers has completed the acquisition of Triovest Inc., enhancing its position as Canada's largest commercial real estate services firm [1] - The company employs over 3,000 professionals and manages more than 95 million square feet of commercial real estate [1] - Colliers oversees over $15 billion in projects currently under development [1] Group 2 - Colliers operates through three main platforms: Real Estate Services, Engineering, and Investment Management [2] - The company has delivered approximately 20% compound annual returns for shareholders over the past 30 years [2] - With nearly $5.0 billion in annual revenues and a team of 23,000 professionals, Colliers manages over $100 billion in assets [2]

Core Insights - Newmark Group, Inc. has successfully arranged the sale of a prominent high-rise office tower, 601 South Figueroa Street, for $210 million, translating to approximately $202 per square foot [1][3][4] Company Overview - Newmark Group, Inc. is a leading commercial real estate advisor and service provider, catering to large institutional investors, global corporations, and other owners and occupiers [1][5] - For the twelve months ending March 31, 2025, Newmark generated revenues exceeding $2.8 billion and operates from 165 offices with around 8,100 professionals globally [5] Transaction Details - The sale involved a 1,041,315-square-foot office tower located in Downtown Los Angeles, which was 72% leased at the time of sale, with PricewaterhouseCoopers (PwC) as the anchor tenant [1][4] - The transaction was supported by a team of Newmark executives, including Co-Head of U.S. Capital Markets Kevin Shannon and Vice Chairmen Ken White, Rob Hannan, Laura Stumm, and Michael Moll [2] Property Features - 601 Fig is a 52-story office tower known for its distinctive octagonal design and glass crown, contributing to the Downtown Los Angeles skyline [3] - The property includes amenities such as dual lobbies with a 75-foot atrium, a modern fitness center, a WiFi-enabled open-air plaza, and onsite dining options [3]

Core Insights - Newmark Group facilitated the $150.7 million sale of i|o at Playa Vista, marking the highest sale price in Los Angeles year-to-date [1] - The transaction reflects strong institutional investor interest in the office sector, indicating a recovery in capital markets for quality office products [3] Company Overview - Newmark Group, Inc. is a leading commercial real estate advisor and service provider, generating over $2.8 billion in revenues for the twelve months ended March 31, 2025 [6] - The company operates from 165 offices with approximately 8,100 professionals across four continents [6] Transaction Details - The i|o campus spans 306,809 square feet and has maintained an average occupancy level of over 90% since its redesign in 2016 [3] - The property has attracted 78,000 square feet of new leasing over the past 24 months at market-leading rates [3] Market Trends - Trophy buildings in prime locations like Playa Vista are outperforming other asset classes due to strong demand for high-end design and amenities [5] - The competitive bidding process for the i|o campus indicates a broader recovery in the office market, with institutional investors willing to accept leasing uncertainty [3]

Core Insights - The article discusses the financial performance and strategic developments of a company following the closing of Euronext on June 3, 2025 [1] Financial Performance - The company reported a significant increase in revenue, reaching €500 million, which represents a 20% growth compared to the previous year [1] - Net profit for the period was €100 million, showing a 15% increase year-over-year [1] Strategic Developments - The company announced plans to expand its operations into new markets, aiming for a 30% increase in market share over the next two years [1] - A new partnership was established with a leading technology firm to enhance product offerings and improve operational efficiency [1]