Newmark Arranges Sale of Five-Property, Nearly 1,250-Unit National Student Housing Portfolio

Core Insights - The transaction represents the largest student housing portfolio sale in the U.S. year-to-date, involving a five-property portfolio with 1,248 units and 3,693 beds across Florida, Texas, Indiana, and North Carolina [1][4] Company Overview - Newmark Group, Inc. is a leading commercial real estate advisor and service provider, focusing on large institutional investors and global corporations [1][5] - For the twelve months ending December 31, 2024, Newmark generated revenues exceeding $2.7 billion and operates approximately 170 offices with over 8,000 professionals globally [5] Market Demand - The portfolio includes properties near top-ranked universities with an average enrollment of over 47,000 students, highlighting the demand for premium student housing [3][4] - The transaction underscores the growing interest in high-quality student housing assets as enrollment numbers rise and campuses expand [4] Transaction Details - The sale was facilitated by Newmark's team, including executives specializing in student housing and global debt [2] - In Q1 2025, Newmark executed student housing sales and financing transactions totaling over$1 billion, following a strong Q4 2024 with over $1.5 billion in transactions [4]