new york, March 3, 2025 /prnewswire/ – Newmark announces that the company has arranged $275 million Loan to refinance 63-67 Wall Street, New York City. Co-chairman of Global Debt and Structured Finance Jordan RoschroubVice-Chairman Nick Scribani and Chris Kramer Funding arrangements have been made on behalf of owner Lockpoint Boston– The Brooksville Company, a vertically integrated real estate investment and management company, with its home-based real estate private equity company. Apollo Global Management provided funding.
Rockpoint and Brooksville Company acquired 63-67 Wall Street in 2016, and subsequently invested heavily in apartment renovations, fully upgraded common areas and amenity spaces, and reconfiguration of retail spaces. The 816-unit housing complex was originally built in 1921 as two separate office buildings on 67 Wall Street, built as the headquarters of the Manson Shipping Company.
Located in the heart of the financial district, the property offers residents convenient access in close proximity to fine dining, shopping and numerous transport lines.
About Newmark
Newmark Group, Inc. (NASDAQ: NMRK) together with its subsidiary (“Newmark”) is a global leader in commercial real estate, seamlessly powering every stage of the real estate lifecycle. Newmark’s comprehensive services and products are tailored independently for each client, from owners to occupants, investors, founders, startups and blue chip companies. By combining the global reach of the platform with market intelligence in both established and emerging real estate markets, Newmark offers superior service to clients across the industry spectrum. It’s finished for 12 months December 31, 2024Newmark generated excess revenue $2.7 billion. Like December 31, 2024Newmark and our business partners ran from around 170 offices, with over 8,000 professionals across four continents. For more information, visit nmrk.com or follow @newmark.
Discussion of forward-looking statements regarding Newmark
The statements in this document regarding Newmark, which is not historical fact, are “forward-looking statements” that involve risks and uncertainties, and actual results may differ from those contained in forward-looking statements. These include statements regarding the company’s business, outcomes, financial position, liquidity and outlook. This may constitute forward-looking statements and risk that actual impacts may differ materially from those currently expected. Except as required by law, Newmark has no obligation to update any forward-looking statements. Due to discussion of additional risks and uncertainties, actual results may differ from those contained in forward-looking statements. See Newmark’s Securities and Exchange Committee filing. Please refer to the forward-looking information provided in these filings, as well as the risk factors and special notes, including updates to such risk factors and special notes in future reports included in the Form 10-K form.
Source Newmark Group, Inc.
