Newmark Arranges $515 Million Refinancing for Rithm Capital's 31 West 52nd Street in Midtown Manhattan
- Newmark Group arranged $515 million in fixed-rate financing for Rithm Capital's 31 West 52nd Street, a 785,000-square-foot Class A office tower in Midtown Manhattan's Plaza District.
- The financing package includes a $415 million senior mortgage, a $40 million B-note, and a $60 million mezzanine loan led by Wells Fargo with participation from Bank of America, Barclays, Citi, Goldman Sachs, and JPMorgan.
- Newmark executives Jordan Roeschlaub, Adam Spies, Adam Doneger, and Nick Scribani facilitated the financing on behalf of Rithm Capital.
23 Articles
23 Articles
Newmark Arranges $515 Million Refinancing for Rithm Capital's 31 West 52nd Street in Midtown Manhattan
NEW YORK, July 6, 2026 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading commercial real estate advisor and service provider to large institutional investors, global corporations and other owners and occupiers, announces the Company has…
Newmark Arranges $515M Refinancing of Midtown Manhattan Office Building
NEW YORK CITY — Newmark has arranged the $515 million refinancing of 31 West 52nd Street, a 785,000-square-foot office building in Midtown Manhattan. A consortium of lenders that was led by Wells Fargo and included Bank of America, Barclays, Citi, Goldman Sachs and JP Morgan provided the debt, which consists of a $415 million senior mortgage loan, a $40 million B-note and a $60 million mezzanine loan. Jordan Roeschlaub, Adam Spies, Adam Doneger,…
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