News: Finance

Newmark arranges over $550m in financing across Westchester and Fairfield Counties

Hamilton Crossing - White Plains, NY

New Rochelle, NY Newmark arranged $550 million in total financings across seven office, multifamily and hospitality assets located throughout Westchester County, New York and Fairfield County, Connecticut. The transactions were led by vice chairman Christopher Kramer, Daniel Fromm and Ricky Braha, in collaboration with Jordan Roeschlaub and Nick Scribani.

The announcement is anchored by four closings completed within the past 30 days — Metro Center, the Stamford Marriott, 300 Atlantic and Canterbury Green in downtown Stamford, each supporting a distinct business strategy. A breakdown of the recent financings include:

• $51.8 million office acquisition loan – HB Nitkin at Metro Center | Knighthead Funding

• $48 million acquisition and construction loan – Clearview Hotel Capital at Stamford Marriott | Knighthead Funding

• $40.75 million office refinancing – RFR at 300 Atlantic | Argentic

The activity builds on notable financings completed by Newmark earlier this year, including 200 Elm St. ($132.5 million) in Stamford; The Encore ($77.4 million) in New Rochelle; and Hamilton Crossing ($212 million) in White Plains, with an additional $200 million in financings expected to close in Q1 2026.

“As investors recalibrate capital allocation strategies, NYC’s suburban markets are emerging as clear beneficiaries,” said Kramer. “Westchester and Fairfield Counties offer a differentiated risk-adjusted profile, supported by strong fundamentals, pricing discipline and sustained lender interest across high-quality assets.”

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