Veris Residential said to weigh options for $450M worth of Jersey City apartments [Seeking Alpha]
Newmark Group, Inc. - Class A (NMRK)
Last newmark group, inc. - class a earnings: 2/13 08:01 am
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US:NASDAQ Investor Relations:
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Source: Seeking Alpha
The REIT enlisted a team of brokers from Newmark Group ( NMRK ) to handle the marketing of Jersey City Urby, the apartment complex located at 200 Greene Street, Bloomberg reported, citing people familiar with the matter. Developed in 2017, the property comprises 762 units with a 97% occupancy rate. The news comes as investors and lenders in commercial real estate are becoming increasingly eager to deploy their capital, as the Federal Reserve embarks on its first easing cycle in more than four years. Wells Fargo analyst Charlie Dougherty has said that "less restrictive monetary policy lays the groundwork for a commercial real estate recovery." Bloomberg had reported on Aug. 1 that Deutsche Bank ( DB ) was attempting to unload up to $1B in U.S. commercial real estate loans off its balance sheet, as elevated borrowing costs have weighed on profits in the German lender's property portfolio. Meanwhile, Fisher and JPMorgan Chase's ( JPM ) asset manager, which also owns residential
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NMRK
News
- Newmark's Executive Chairman Howard W. Lutnick Nominated for U.S. Secretary of Commerce [Yahoo! Finance]Yahoo! Finance
- Newmark's Executive Chairman Howard W. Lutnick Nominated for U.S. Secretary of CommercePR Newswire
- Newmark Facilitates Sale of 427,799-SF Office Campus in Dallas' Sought-After Preston Center Submarket [Yahoo! Finance]Yahoo! Finance
- Newmark Facilitates Sale of 427,799-SF Office Campus in Dallas' Sought-After Preston Center SubmarketPR Newswire
- Newmark Advises URW in €172.5 Million Office SalePR Newswire
NMRK
Earnings
- 11/6/24 - Beat
NMRK
Analyst Actions
- 9/5/24 - Keefe, Bruyette & Woods
NMRK
Sec Filings
- 11/21/24 - Form SC
- 11/21/24 - Form 8-K
- 11/12/24 - Form SC
- NMRK's page on the SEC website