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.”…
Newmark Holdings Has Much to Celebrate