The financing consisted of a
"The successful execution of this financing reflects the strength of our relationship with
The transaction presented several complexities, including the review and analysis of 24 separate regulatory agreements across 11 properties, while requiring a swift turnaround from application to closing. Additionally, a buydown on the fixed-rate portion of the facility helped maximize proceeds and support the overall financing strategy. Affordable Housing Debt & Structured Finance and Capital Markets are part of Newmark's Investor Solutions services.
"By financing with a best-in-class credit facility from the
About Newmark
Discussion of Forward-Looking Statements about Newmark
Statements in this document regarding Newmark that are not historical facts are "forward-looking statements" that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. These include statements about the Company's business, results, financial position, liquidity, and outlook, which may constitute forward-looking statements and are subject to the risk that the actual impact may differ, possibly materially, from what is currently expected. Except as required by law, Newmark undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see Newmark's Securities and Exchange Commission filings, including, but not limited to, the risk factors and Special Note on Forward-Looking Information set forth in these filings and any updates to such risk factors and Special Note on Forward-Looking Information contained in subsequent reports on Form 10-K, Form 10-Q or Form 8-K.
About April Housing
April Housing is one of the largest owners and preservers of affordable housing in the U.S. Since 2024, the company has successfully completed the preservation of more than 3,650 affordable homes across the country, including more than 700 in Florida in the last year.
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SOURCE Newmark Group, Inc.