Dec
29
Newmark Holdings Has Much to Celebrate
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Newmark Holdings closed many refinancings in 2015, including a $100 million loan at 560 Broadway.
NEW YORK CITY—Newmark Holdings completed $500 million in financing transactions in 2015. The firm closed a total of 11 loan transactions over the course of the year, much of it earmarked to refinance and upgrade properties in the company’s 10-million-square-foot portfolio as well as fund new acquisitions.“This was a banner year for the company in terms of validating the growing value of the portfolio,” says Newmark Holdings’ principal Eric Gural. “The overall success of Newmark Holdings and volume of financing transactions throughout 2015 was a team effort.”…