Newmark Group Arranges $415 Million Financing for Shopping Center Portfolio
MT Newswires Live
Feb 09
Newmark Group (NMRK) said Monday that it has arranged a $415 million loan on behalf of DRA Advisors and KPR Centers to refinance a portfolio of 13 open-air shopping centers in the Northeast.
The company said the portfolio has a total of 2.4 million of rentable square feet, and are primary anchored by grocery stores.
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