Newmark Arranges $675 Million Refinancing for Independence Plaza in Manhattan - Vornado Realty (NYSE:VNO), Newmark Group (NASDAQ:NMRK)

Newmark Arranges $675 Million Refinancing for Independence Plaza in Manhattan

NEW YORK, June 10, 2025 /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 it has arranged…

Vornado Realty Trust Completes $675 Million Refinancing of Independence Plaza in Manhattan

Vornado Realty Trust refinanced Independence Plaza with a $675 million loan, maturing June 2030 at 5.84% interest.

Newmark Arranges $675 Million Refinancing for Independence Plaza in Manhattan - Vornado Realty (NYSE:VNO), Newmark Group (NASDAQ:NMRK)

NEW YORK, June 10, 2025 /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 it has arranged a $675 million loan on behalf of Vornado Realty Trust and Stellar Management for the refinancing of Independence Plaza, a 1,328-unit multifamily property located in the T…

Tribeca Citizen | In the News: Refinancing Independence Plaza

VORNADO REFINANCES AT INDEPENDENCE PLAZA The folks at the Community First Development Coalition, which is fighting the tower for IPN, sent this link, from the real estate newsletter Multi-Housing News (the Commercial Observer had it first) reporting that Vornado Realty Trust and Stellar Management just secured a five-year refinancing of their $675 million loan on Independence Plaza. BUT WAIT, THERE’S MORE Crain’s reports that the cost of waiting…

Newmark Arranges $675 Million Refinancing for Independence Plaza in…

Newmark announces it has arranged a $675 million loan on behalf of Vornado Realty Trust and Stellar Management for the refinancing of Independence Plaza,…