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Alterra IOS Announces Close of $150M Loan Commitment from Funds Managed by Blue Owl Capital Inc.
Globenewswire· 2025-10-28 14:30
Core Insights - Alterra IOS has successfully closed a $150 million loan facility from Blue Owl Capital, marking Blue Owl's first financing in the industrial outdoor storage sector [1][2] - The loan is backed by 21 properties across 12 states and will support acquisitions for Alterra IOS Venture III, which has $925 million in equity commitments [1][3] - Alterra IOS has acquired over 400 properties in 37 states, establishing itself as a leading institutional buyer in the industrial outdoor storage market [4][5] Company Overview - Alterra IOS focuses on providing real estate solutions through property acquisition, development, management, and leasing for tenants in the heavy industrial and outdoor storage space [5] - The company has developed strong tenant relationships in sectors such as transportation, logistics, vehicle storage, equipment rental, and building materials [5] - Alterra's investment strategy emphasizes acquiring prime IOS locations within dense logistics and transportation gateways to ensure proximity to critical infrastructure [4][5] Financial Performance - In 2025, Alterra IOS has secured significant funding, including a $343 million loan from Truist Financial Corp. and Bank of Montreal, and a $189 million loan from Blackstone Mortgage Trust [3] - The company has raised over $1.5 billion in institutional financing across its discretionary ventures, including $524 million for Alterra IOS Venture II and $925 million for Venture III [3] Market Position - The industrial outdoor storage sector is gaining institutional recognition, with lenders showing confidence in the long-term performance of this asset class [2] - Alterra IOS is positioned to lead in the evolving IOS space, supported by strong demand for IOS assets [2]
Newmark Announces Expansion into India; Sathish Rajendren Hired to Lead Growth in Regional Property and Facilities Management
Prnewswire· 2025-10-27 13:00
Core Insights - Newmark Group, Inc. has expanded its Property and Facilities Management businesses into India, appointing Sathish Rajendren as Executive Managing Director to lead operations in the region [1][2] - The expansion aligns with Newmark's strategy to grow recurring Management Services and Servicing revenue globally, emphasizing the importance of the Indian market in their global strategy [2][4] Company Developments - Sathish Rajendren brings over 22 years of experience, having previously scaled operations at Knight Frank and managed significant portfolios at Cushman & Wakefield [2][3] - Newmark's unified Property Management and Facilities Management service lines aim to enhance end-to-end solutions for clients, contributing to approximately USD 1.1 billion in total revenues in 2024 [5] Market Context - India is identified as one of the fastest-growing commercial real estate markets, with office absorption reaching nearly 60 million square feet in the first nine months of 2025, driven by sectors like technology and financial services [4] - The ongoing infrastructure development and demand for institutional-grade management services provide a strong foundation for Newmark's entry into the Indian market [4]
Newmark Professionals Recognized as Certified Site Selection Consultants; Gregg Wassmansdorf Instrumental in Establishing the Credential
Prnewswire· 2025-10-09 18:00
Core Insights - Newmark's Global Strategy professionals have been awarded the Certified Site Selection Consultant™ (CSSC) credential, marking a significant achievement in corporate location advisory [1][2] - The CSSC credential is the first international designation for excellence in the site selection profession, emphasizing Newmark's commitment to high standards of ethics and expertise [2][3] Company Achievements - Gregg Wassmansdorf, Senior Managing Director of Global Strategy at Newmark, played a key role in developing the CSSC credential, highlighting his leadership in the industry [1][3] - A total of 64 location advisors received the CSSC credential after a rigorous vetting process, ensuring they meet high proficiency and ethical standards [2][3] Industry Position - Newmark's engagement with the Site Selectors Guild reinforces its status as a leading platform for top talent in the real estate industry [2] - The Global Strategy team at Newmark is recognized for its expertise in location strategy, providing data-driven site selection and incentives advisory [3] Company Overview - Newmark Group, Inc. generated revenues exceeding $2.9 billion for the twelve months ending June 30, 2025, and operates from 165 offices with over 8,400 professionals globally [5]
Newmark Group buys real estate consulting firm RealFoundations (NMRK:NASDAQ)
Seeking Alpha· 2025-10-07 21:09
Core Insights - Newmark Group has acquired RealFoundations, Inc., enhancing its position in the global real estate consulting and managed services sector [4] Company Summary - The acquisition of RealFoundations is aimed at strengthening Newmark's role as a leading global provider for both investors and occupiers in the real estate market [4]
Newmark Acquires Leading Real Estate Consulting and Managed Services Firm, RealFoundations
Prnewswire· 2025-10-07 20:37
Core Insights - Newmark Group, Inc. has acquired RealFoundations, Inc., a professional services firm focused on the real estate industry [1] - This acquisition aims to enhance Newmark's Investor Solutions suite, improving its fund and asset management capabilities for institutional clients [1] Company Overview - Newmark Group, Inc. is a leading global commercial real estate advisory firm [1] - RealFoundations, Inc. is based in Dallas, Texas, and specializes in management consulting and managed services for the real estate sector [1] Strategic Implications - The acquisition is expected to accelerate the expansion of Newmark's services in the U.S., Europe, and Asia-Pacific [1] - Enhanced capabilities will position Newmark to deliver market-leading solutions to institutional clients [1]
Newmark's Third Quarter 2025 Financial Results Announcement to be Issued Prior to Market Open on Thursday, October 30, 2025
Prnewswire· 2025-10-06 20:30
Conference call scheduled for the same day at 10:00 a.m. ET For those who are unable to join the webcast, the Company expects to post dial-in information before the day of the call on the event's page at http://ir.nmrk.com. Webcast Replay , /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading commercial real estate advisor and service provider to large institutional investors, global corporations, and other owners and occupiers, today announced the details of its thir ...
Newmark Secures $425 Million Refinancing for National Self-Storage Portfolio
Prnewswire· 2025-09-04 22:59
Core Insights - Newmark Group, Inc. has arranged a $425 million loan for Centerbridge Partners and Merit Hill Capital to refinance a national portfolio of 78 self-storage properties [1] - The portfolio consists of nearly 32,000 units across 4.65 million rentable square feet, with an NOI growth exceeding 18% since 2023 [2] - Demand for self-storage units in the U.S. remains strong, with a same-store occupancy rate of 90.7% and robust operational efficiency [3] Company Overview - Newmark Group, Inc. is a leading commercial real estate advisor with over $2.9 billion in revenues for the twelve months ended June 30, 2025, and operates from 165 offices globally [6] - Centerbridge Partners, L.P. manages approximately $43 billion in assets and focuses on private equity, private credit, and real estate investments [4] - Merit Hill Capital has acquired 535 self-storage facilities across 38 states, managing over 34.4 million rentable square feet [5]
Newmark Advises on $4 Billion Data Center Joint Venture in Pennsylvania
Prnewswire· 2025-08-27 23:08
Core Insights - Newmark Group, Inc. has advised a $4 billion joint venture for the development of a state-of-the-art AI data center campus in Lancaster, Pennsylvania, involving Blue Owl Capital, Chirisa Technology Parks, and Machine Investment Group [1][3] - The funding supports a long-term lease with a leading cloud computing company, establishing Lancaster as a key Mid-Atlantic hub for AI workloads [3][4] - This transaction expands Blue Owl's partnership with Chirisa Technology Parks to a total of $20 billion, covering over one gigawatt of capacity across Pennsylvania and Virginia [3] Company Overview - Newmark Group, Inc. is a leading commercial real estate advisor, generating revenues of over $2.9 billion for the twelve months ended June 30, 2025, and operates from 165 offices with over 8,400 professionals globally [5]
Newmark Group (NMRK)'s Technical Outlook is Bright After Key Golden Cross
ZACKS· 2025-08-14 14:56
Group 1 - Newmark Group, Inc. (NMRK) has reached a key level of support, with its 50-day simple moving average crossing above its 200-day simple moving average, indicating a "golden cross" [1] - A golden cross is a technical chart pattern that suggests a bullish breakout, formed when a stock's short-term moving average surpasses a longer-term moving average [1][2] - Over the past four weeks, NMRK has gained 41.7%, and it currently holds a 1 (Strong Buy) rating on the Zacks Rank, suggesting potential for further breakout [3] Group 2 - The positive earnings outlook for NMRK is bolstered by two upward revisions in earnings estimates over the past 60 days, with no downward revisions, leading to an increase in the Zacks Consensus Estimate [3] - Investors are encouraged to consider adding NMRK to their watchlist due to the significant technical indicator and the positive movement in earnings estimates [4]
Newmark Announces Alliance Agreement with Mountain West, Leading Intermountain West Commercial Real Estate Brokerage Group
Prnewswire· 2025-08-12 15:00
Core Viewpoint - Newmark Group, Inc. has strengthened its presence in the Intermountain West region by forming an alliance with Mountain West Commercial Real Estate, creating Newmark Mountain West, which will operate across Utah, Idaho, Wyoming, Montana, and Nevada [1][3]. Company Overview - Newmark Mountain West will leverage Newmark's global brand and resources while combining local expertise from Mountain West, aiming to enhance service offerings for clients [1][4]. - The new entity has nearly 200 employees and offices in key locations including Salt Lake City, Ogden, and Reno, positioning itself as the dominant commercial real estate firm in the region [4][6]. Transactional Achievements - Since the beginning of 2022, Newmark Mountain West has completed over 5,000 transactions across five countries and 39 states, with a total value exceeding $9.3 billion [3][4]. - Notable transactions include a $370 million Amazon industrial portfolio sale, a 270,000-square-foot industrial lease in Layton, Utah, and the $91.5 million sale of the Marriott Courtyard hotel in downtown Salt Lake City [5][6]. Strategic Goals - The collaboration aims to create a next-generation commercial real estate business that is agile and data-driven, addressing the evolving needs of clients in the region [5][6]. - The integration of Newmark's global reach with Mountain West's regional knowledge is expected to deliver more strategic solutions for clients [6]. Financial Performance - For the twelve months ending June 30, 2025, Newmark generated revenues exceeding $2.9 billion, showcasing its strong market position [8]. - Newmark operates from 165 offices with over 8,400 professionals globally, indicating a robust operational scale [8].