Newmark Group Facilitates $630M Financing and $386M Sale-Leaseback in Miami and New York

Newmark Group Facilitates Significant Financing and Sale-Leaseback Transactions in Miami and New York

Newmark Group, Inc. plays a pivotal role in the commercial real estate sector, further solidifying its position with notable transactions in recent days. On December 17, 2025, the company announces a $630 million refinancing loan for the newly completed 830 Brickell, a premier Class-A office tower in Miami's vibrant Brickell neighborhood. This financing, orchestrated by Newmark’s Co-President of Debt & Structured Finance Jordan Roeschlaub alongside Vice Chairman Nick Scribani and Associate Director Tim Polglase, marks a significant milestone as it supports Miami’s first Class-A office delivery in over ten years. The project, designed by celebrated architects Adrian Smith + Gordon Gill, not only enhances the skyline but also reinforces the city’s status as a burgeoning global business hub, attracting prestigious tenants like Microsoft, Citadel, and Kirkland & Ellis.

The arrangement of this substantial financing underscores Newmark’s expertise and strategic role in advancing commercial real estate projects. With Goldman Sachs and J.P. Morgan leading the funding, the partnership exemplifies the confidence in Miami's real estate market and the demand for high-quality office spaces. Newmark’s involvement highlights its capacity to connect property owners with capital, showcasing the company’s depth in debt and structured finance solutions. As Newmark continues to expand its services, the completion of 830 Brickell stands as a testament to the firm’s commitment to fostering growth in established and emerging markets.

In addition to the refinancing deal, Newmark also announces a significant $386 million sale-leaseback transaction involving Scholastic Corporation’s New York City headquarters. Acting as the exclusive real estate advisor, Newmark facilitates the sale to a subsidiary of Empire State Realty Trust, Inc. This strategic move allows Scholastic to maintain operational continuity at its Broadway location under a long-term lease, while also providing substantial net proceeds that can be reinvested. As the commercial real estate landscape evolves, Newmark's ability to execute complex transactions, such as this sale-leaseback arrangement, underscores its reputation as a trusted advisor in the industry.

The recent transactions not only reflect Newmark’s robust capabilities in managing diverse real estate needs but also its commitment to adapting to market dynamics. With revenues exceeding $3.1 billion for the twelve months ending September 30, 2025, and a global workforce of over 8,500 professionals, the company demonstrates its extensive reach and expertise. Newmark continues to leverage its market intelligence to deliver superior service, ensuring it remains at the forefront of the commercial real estate sector.