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Newmark Facilitates $7.1 Billion Construction Loan to Develop AI Data Center
NMRKNewmark(NMRK) Prnewswire·2025-05-22 17:10

NEW YORK, May 22, 2025 /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, announces the company arranged a 7.1billionconstructionloanforBlueOwlCapital,Inc.,CrusoeandPrimaryDigitalInfrastructure.Theloan,providedbyaconsortiumledbyJ.P.Morgan,willfundthesecondphaseofa7.1 billion construction loan for Blue Owl Capital, Inc., Crusoe and Primary Digital Infrastructure. The loan, provided by a consortium led by J.P. Morgan, will fund the second phase of a 15 billion joint venture to fund a 1 ...