Newmark Arranges $690 Million Refinancing for West Shore Sun Belt Multifamily Portfolio

Reuters
Jan 31
Newmark Arranges $690 Million Refinancing for <a href="https://laohu8.com/S/WSSH">West Shore</a> Sun Belt Multifamily Portfolio

Newmark Group Inc. has arranged a $690 million refinancing loan on behalf of West Shore for a portfolio of 13 multifamily properties located across Florida, Kentucky, South Carolina, Tennessee, and Texas. The transaction, which represents the largest multifamily closing in the U.S. so far this year, was secured through a cash-out, single-asset single-borrower (SASB) refinancing originated by Citi. This marks the third SASB transaction between Newmark and West Shore in the past 15 months, bringing their total loan proceeds to $1.8 billion. The portfolio includes 4,077 units in garden-style and townhome communities, reflecting continued strong investor interest in Sun Belt multifamily assets.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Newmark Group Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: NY75504) on January 30, 2026, and is solely responsible for the information contained therein.

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