Newmark Arranges $630 Million Refinancing for 830 Brickell in Miami
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.
Key Figures
Market Reality Check
Peers on Argus
NMRK is up 0.59% with modestly elevated volume. Real estate services peers are mixed: COMP up 4.41%, OPEN up 5.16%, CIGI up 1.33%, FSV up 0.89%, while CWK is flat, suggesting today’s move leans stock-specific.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 08 | Industry recognition | Positive | -2.3% | Named North America's Best Real Estate Adviser by Euromoney. |
| Dec 04 | Leadership appointment | Positive | -0.4% | Appointed Peter Trollope as Global Head of Occupier Solutions. |
| Nov 24 | EMEA acquisition | Positive | +1.1% | Acquired Catella Valuation Advisory to expand French/EMEA footprint. |
| Nov 10 | Senior hires Europe | Positive | -2.2% | Added senior European Debt & Structured Finance leaders. |
| Oct 30 | Debt financing mandate | Positive | -1.3% | Arranged $600M financing for an eight-property multifamily portfolio. |
Recent positive corporate and growth news often saw flat-to-negative next-day moves, with only one of five upbeat releases aligning with a positive price reaction.
Over the last few months, Newmark has highlighted advisory accolades, senior leadership additions, and international expansion while arranging large financings. Notable items include being named North America’s Best Real Estate Adviser, a key occupier solutions hire, and the Catella Valuation Advisory acquisition, where shares rose 1.15%. Multiple sizable financing mandates, such as an earlier $600 million multifamily deal, frame today’s $630 million Miami office refinancing as part of an ongoing capital markets execution story.
Market Pulse Summary
This announcement highlights Newmark’s role arranging a $630 million refinancing for 830 Brickell, a newly delivered 57‑story Class‑A office tower in Miami’s Brickell district. It reinforces the firm’s debt and structured finance franchise and presence in high-profile urban assets. In context with prior large financing mandates and international expansion moves, investors may watch for how recurring mandates, fee growth, and real estate capital markets conditions evolve across future disclosures.
Key Terms
structured finance financial
class-a technical
AI-generated analysis. 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.
FAQ
What refinancing did Newmark arrange for 830 Brickell (NMRK) on December 17, 2025?
Who led the $630 million financing for 830 Brickell announced by Newmark (NMRK)?
What are the key features of 830 Brickell referenced in Newmark's announcement (NMRK)?
Which major tenants occupy 830 Brickell mentioned in Newmark's announcement (NMRK)?
On whose behalf did Newmark arrange the 830 Brickell refinancing (NMRK)?
