Newmark Acts as Strategic Advisor for One Beverly Hills, an Ultra-Luxury Mixed-Use Development in Beverly Hills, CA
Rhea-AI Summary
Newmark (NYSE:NMRK) acted as strategic advisor for Cain and Eldridge on One Beverly Hills, a 17.5-acre ultra-luxury mixed-use development. Newmark says the assignment closed the largest non–data center construction loan ever secured for a U.S. mixed-use project and financed Aman’s first West Coast urban residences.
The development includes two major hotels, extensive retail and dining commitments, 10 acres of gardens, and 1,800 underground parking spaces; construction is underway following strong residential sales and commercial partner commitments.
Positive
- Largest non–data center construction loan closed for a U.S. mixed-use project
- Financing closed enabling continued construction and project execution
- 17.5-acre development with 10 acres of gardens and 1,800 underground parking spaces
- Aman’s first West Coast urban residences and hotel included in project
- Major brand commitments from Dolce&Gabbana, Casa Tua Cucina, and Los Mochis
Negative
- None.
News Market Reaction – NMRK
In the Mar 25 session, NMRK gained 2.73%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Mar 17 | Leasing/management win | Positive | +1.9% | Exclusive mandate on 66-building, 4.2M sq ft Philadelphia portfolio. |
| Mar 09 | Industry recognition | Positive | +1.5% | Named to IAOP 2026 Global 100® as Leader for 17th year. |
| Feb 25 | Earnings release | Neutral | -0.5% | Reported Q4 and 2025 results with dividend and outlook discussion. |
| Feb 17 | Business acquisition | Positive | +6.0% | Agreed to acquire Altus Canadian Appraisals business and software license. |
| Feb 12 | Leasing mandate | Positive | -4.2% | Named exclusive leasing agent for 3.2M sq ft along Dulles Corridor. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Commercial wins and strategic transactions often coincide with positive one-day moves, though some large mandates have seen short-term pullbacks.
Over recent months, Newmark has highlighted several growth and platform-strengthening milestones. These include large exclusive leasing and management assignments such as a 4.2 million-square-foot suburban Philadelphia portfolio and 3.2 million square feet along the Dulles Corridor, plus the purchase of Altus Group’s Canadian Appraisals business adding 8 offices and 140+ professionals. Recognition on IAOP’s 2026 Global 100® and solid 2025 results with dividend and buyback support from the February 25 earnings-related filings frame today’s advisory role on One Beverly Hills as part of an ongoing capital-markets and advisory expansion.
Key Terms
construction loan financial
capital markets financial
underwriting financial
due diligence financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
Transaction Includes Largest Non-Data Center Construction Loan in
Newmark Capital Markets Strategies, led by Anthony Orso, leveraged decades of experience with the One Beverly Hills site to advise the sponsor on capital strategy and execution of one of the largest mixed-use developments in
"Newmark brought together a highly coordinated, multidisciplinary team across international capital markets, retail, valuation and underwriting," said Jonathan Goldstein, Co-Founder and Chief Executive Officer of Cain. "On a project of this scale, that level of integration is critical, not just to execution but to attracting best-in-class institutional capital. Their ability to align those capabilities and deliver with precision was an important part of getting this financing over the line."
Newmark services included retail advisory from Executive Vice Chairman Jay Luchs2, International Capital Markets advisory through Executive Vice Chairman Alex Foshay, Vice Chairman Joe Morris and Executive Managing Director Frederick Wong, underwriting support and due diligence via Newmark company Spring11 and additional consulting via Newmark Valuation & Advisory.
"We were proud to work alongside Cain to structure and advance a truly transformative development," said Orso. "A project of this magnitude requires deep market knowledge, creativity and seamless coordination across capital sources and advisory disciplines."
Spanning 17.5 acres, One Beverly Hills will introduce Aman's first urban residences, hotel and members' club to the West Coast, alongside retail, hospitality, wellness and leisure concepts set within 10 acres of gardens and open space. The development, sponsored by Cain, in partnership with Eldridge Industries, will connect an elegantly refurbished Beverly Hilton – home of the Golden Globes and the Milken Global Conference – and Waldorf Astoria Beverly Hills, as well as provide 1800 underground parking spaces, creating a singular landmark of culture, sophistication, and sustainability.
The closing of the financing follows strong momentum across both residential sales and commercial partnerships, with the first Aman-branded residential tower achieving significant sales, offering residences ranging from 2,550 square foot two-bedrooms to 25,000 square foot penthouses with sweeping views of the Pacific Ocean, Hollywood Hills and downtown
The development has attracted commitments from globally renowned leading hospitality and retail brands, including Dolce&Gabbana, expanding its
Construction on the project is underway.
About Newmark
Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries ("Newmark"), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark's comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform's global reach with market intelligence in both established and emerging property markets, Newmark provides superior service to clients across the industry spectrum. For the twelve months ended December 31, 2025, Newmark generated revenues of nearly
Discussion of Forward-Looking Statements about Newmark
Statements in this document regarding Newmark that are not historical facts are "forward-looking statements" that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. These include statements about the Company's business, results, financial position, liquidity, and outlook, which may constitute forward-looking statements and are subject to the risk that the actual impact may differ, possibly materially, from what is currently expected. Except as required by law, Newmark undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see Newmark's Securities and Exchange Commission filings, including, but not limited to, the risk factors and Special Note on Forward-Looking Information set forth in these filings and any updates to such risk factors and Special Note on Forward-Looking Information contained in subsequent reports on Form 10-K, Form 10-Q or Form 8-K.
1According to Real Capital Analytics and Newmark Research
2Retail advisory services provided through Newmark Pacific, Inc.
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SOURCE Newmark Group, Inc.