Newmark Arranges $630 Million Refinancing for 830 Brickell in Miami
Newmark (Nasdaq: NMRK) arranged a $630 million refinancing for 830 Brickell, a newly delivered 57-story Class-A office tower in Miami's Brickell neighborhood.
Rhea-AI Summary
Newmark (Nasdaq: NMRK) arranged a $630 million refinancing for 830 Brickell, a newly delivered 57-story Class-A office tower in Miami's Brickell neighborhood.
The financing was arranged on behalf of landlords Cain International and OKO Group and led by Goldman Sachs and J.P. Morgan. 830 Brickell, completed in 2024 and designed by Adrian Smith + Gordon Gill, houses major tenants including Microsoft, Citadel, Kirkland & Ellis, CI Financial, Thoma Bravo, Marsh Insurance, Santander Bank and Sidley Austin, highlighting Brickell's emergence as a global business hub.
Positive
- $630M refinancing arranged for 830 Brickell
- Financing led by Goldman Sachs and J.P. Morgan
- 57-story Class-A office tower completed in 2024
- Anchored by multinational tenants including Microsoft and Citadel
Negative
- None.
Details
News Market Reaction – NMRK
In the Dec 17 session, NMRK gained 0.70%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
- Refinancing loan size
- $630 million
- Refinancing for 830 Brickell office tower
- Building height
- 57 stories
- Height of 830 Brickell office tower
- Completion year
- 2024
- Completion of 830 Brickell office tower
Historical Context
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Named North America's Best Real Estate Adviser by Euromoney.
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Appointed Peter Trollope as Global Head of Occupier Solutions.
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Acquired Catella Valuation Advisory to expand French/EMEA footprint.
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Added senior European Debt & Structured Finance leaders.
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Arranged $600M financing for an eight-property multifamily portfolio.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
structured finance financial
class-a technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
Newmark's Co-President of Debt & Structured Finance Jordan Roeschlaub, Vice Chairman Nick Scribani and Associate Director Tim Polglase arranged the financing on behalf of landlords Cain International and OKO Group. Goldman Sachs and J.P. Morgan led the funding.
Designed by Adrian Smith + Gordon Gill Architecture and completed in 2024, the 57-story office tower is
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 September 30, 2025, Newmark generated revenues of over
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.
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SOURCE Newmark Group, Inc.
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