Newmark News
Latest articles and news about Newmark on AXL Media.
Latest Articles
- Newmark Revenue Jumps 27% as Artificial Intelligence Fuels Record Office Leasing Volume
Published: May 1, 2026
Section: Companies & Industry
Commercial real estate giant Newmark reported a standout first quarter for 2026, with total revenue climbing to $846.5 million. The 27 percent year-over-year increase was driven by...
- Bascom Group Expands Las Vegas Portfolio With $103M Purchase of The Ellison
Published: Apr 16, 2026
Section: Mergers & Acquisitions
The Bascom Group has announced the acquisition of The Ellison, a premier 294-unit multifamily community in Las Vegas, for $103 million. Purchased from Lyon Living, the recently com...
- Broad Street JV Lands $175M for Major Manhattan Office-to-Residential Conversion
Published: Apr 1, 2026
Section: Property Investment
A joint venture between Broad Street Development, PCCP, and One Investment Management has secured a $175 million loan to transform the historic Maritime Building at 80 Broad St. in...
- U.S. Cold Storage Vacancy Hits 20 Year High as Record Deliveries Outpace Shrinking Food Spending
Published: Mar 28, 2026
Section: Companies & Industry
Temperature controlled warehouse vacancy surged to nearly 7 percent at the end of 2025, marking a two decade peak driven by a massive influx of new supply and cooling consumer dema...
- Southern Land Co. Finalizes $145M Refinancing for Luxury Philadelphia High-Rise
Published: Mar 13, 2026
Section: Commercial Properties
Southern Land Co. has successfully closed a $145 million refinancing deal for Josephine, a 27-story luxury residential tower in the heart of downtown Philadelphia. The new financin...
- GFP Real Estate Finalizes $192 Million Financing for Landmark Financial District Conversion
Published: Mar 12, 2026
Section: Mergers & Acquisitions
GFP Real Estate has successfully secured $191.5 million in construction financing to transform 40 Exchange Place, a historic 20 story tower in Manhattan’s Financial District, into...
- Financial District Office-to-Residential Wave Continues with $218M 101 Greenwich Refi
Published: Mar 12, 2026
Section: Property Investment
Quantum Pacific and Metro Loft have secured a $218 million debt package to move forward with the transformation of 101 Greenwich St. in Manhattan’s Financial District. The century-...
- The Accend Cos Expands Pacific Northwest Footprint with $72.4 Million Acquisition
Published: Mar 11, 2026
Section: Buying & Selling
The Accend Cos. has finalized the acquisition of Wellstone at Bridgeport, a premier 208-unit off-base military and executive housing community located in Lakewood, Washington. The...
- GFP Real Estate Secures $192M for Historic Manhattan Office-to-Residential Conversion
Published: Mar 11, 2026
Section: Home Improvement & Renovation
GFP Real Estate has successfully obtained $191.5 million in construction financing for the adaptive reuse of 40 Exchange Place, a historic 20-story tower in Manhattan’s Financial D...
- Morgan Properties Acquires 260-Unit Suburban Atlanta Community in Strategic Move
Published: Mar 11, 2026
Section: Mergers & Acquisitions
Morgan Properties, one of the nation’s largest private multifamily owners, has completed the acquisition of The Corwyn South Point Apartments in McDonough, Ga. Purchased from the d...
- Major Lab Landlords Slash Rents and Offer Record Concessions to Counteract 24 Percent Vacancy Crisis
Published: Feb 27, 2026
Section: Business & Economy
U.S. life sciences landlords are aggressively cutting rents and offering outsized incentive packages, including months of free rent and multi-million dollar tenant improvement allo...
- From Boardrooms to Ballparks: How Newmark’s John Yandle Balanced $4.1B in Deals and MLB History
Published: Feb 20, 2026
Section: Companies & Industry
John Yandle, an Executive Managing Director at Newmark, has successfully managed a 40-year double life as both a premier commercial real estate broker and a batting practice pitche...