Summary: Hyperscale Data has hired Newmark to identify potential lenders for its Michigan artificial-intelligence data-center campus. The October 28 announcement concerns an advisory engagement, not a funded construction loan. The company disclosed no borrowing...
In brief: Newmark arranged $369 million in Fannie Mae financing for April Housing’s 11-property Florida affordable housing portfolio. The credit facility combines fixed- and floating-rate debt; the exact closing date and portfolio unit count were not disclosed....
Toronto-headquartered Altus Group Limited (TSX: AIF), a provider of commercial real estate intelligence, has signed a definitive agreement to sell its Development Advisory business to an affiliate of Newmark Group Inc. (NASDAQ: NMRK), a commercial real estate advisor...
The retail component of the Miami Worldcenter mixed-use development has been sold for $210 million. The property’s retail component was completed in 2024 and comprises approximately 272,966 square feet within the development, with a flagship Apple store as its...
Newmark Group Inc. (NASDAQ: NMRK) is growing its global presence with the opening of its first office in South Korea and the expansion of its team focused on the Middle East. The new South Korean office is based in the capital city of Seoul and will be led by John...