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Stock impact report

Newmark Facilitates $450M Refinancing for Texas Tower, Trophy Class A Office High-Rise [Yahoo! Finance]

Newmark Group, Inc. - Class A (NMRK) 
Last newmark group, inc. - class a earnings: 2/13 08:01 am Check Earnings Report
US:NASDAQ Investor Relations: ir.bgcpartners.com/investors/default.aspx
Company Research Source: Yahoo! Finance
office skyscraper in Houston, Texas . Newmark Co-Heads of Global Debt & Structured Finance Jordan Roeschlaub and Jonathan Firestone , Vice Chairmen Clint Frease and Blake Thompson , Managing Director Travis Bailey , Director Peter Mavredakis and Associate Director Tim Polglase assembled the financing package on behalf of owners Hines and Ivanhoé Cambridge , the real estate group of CDPQ. Wells Fargo and Morgan Stanley provided the funding. Newmark Group, Inc. (PRNewsfoto/Newmark Group, Inc.) "The refinancing for this award-winning property was particularly notable as it marked the first time in two years that a multi-tenant office tower outside of New York City was financed in the CMBS single-asset, single-borrower market," said Firestone. "Our team worked closely with the lender to navigate rating agency and appraisal feedback, ultimately driving exceptional investor demand. The AAA-rated bonds were nearly five times oversubscribed, while lower tranches saw demand outstrip supply Show less Read more
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