Newmark Wins Roughly $435.3 Million Refinancing for Brookfield Property

MT Newswires Live

06/09

Newmark Group (NMRK) said Tuesday it secured a 325 million British Pounds ($435.3 million) loan to refinance 30 Fenchurch Street for private real estate funds managed by Brookfield (BAM).

Financial institutions OCBC and Mashreq provided the funding for the transaction, the company said.

Shares of the company were up 1.5% in Tuesday premarket activity.

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