January 30, 2026

Newmark Arranges $690 Million Refinancing for Sun Belt Multifamily Portfolio on Behalf of West Shore

Business

Newmark Group, Inc. has arranged a $690 million loan on behalf of West Shore for the refinancing of 13 multifamily properties across multiple states. This transaction represents the largest multifamily closing in the U.S. year-to-date. The refinancing was originated by Citi and represented by Newmark Capital Markets Executive Vice Chairman Purvesh Gosalia.

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