Newmark Title Services Provides Title, Escrow Services for $700 Million, National Multifamily Portfolio Recapitalization

NEW YORK, June 12, 2025 /PRNewswire/ -- Newmark Title Services announces that the Company provided title and escrow services for the $700 million recapitalization and refinancing of a national multifamily portfolio owned by Nitya Capital. The 18-property, six-state portfolio includes a blend of Class A student housing and Class B market-rate multifamily assets in high-growth markets such as Dallas, Indianapolis, the Carolinas, Nashville, Phoenix and Las Vegas.

The transaction was executed through a Single Asset Single Borrower (SASB) loan structure and required the coordination of a top-tier bank, multiple advisory firms and legal counsel. Newmark Title Services played a central role in managing the closing process from start to finish, overseeing a highly complex set of deal components across a large and diverse asset base.

"This transaction demonstrates the depth of expertise and coordination our team brings to large, sophisticated capital events," said Marc Israel, President of Newmark Title Services. "With over a dozen of our professionals dedicated to this assignment, we delivered seamless execution and timely closing for one of the year's most complex multifamily financings."

The closing process extended over several months. Newmark Title Services' ability to unify all aspects of title and escrow across the portfolio helped ensure the successful execution of the transaction.

"This transaction highlights how Newmark's integrated service offerings can help clients achieve an optimal outcome in even the most complex financings," said Chad Lavender, President of Capital Markets for North America at Newmark. "By delivering precision and efficiency through Newmark Title, we help unlock value and drive results for clients across the commercial real estate landscape."

Now operating as Newmark Title Services, our team of professionals leverages a strong foundation built through the 2018 acquisition of the New York City-based, national title agency MiT National Land Services. This strategic integration brought MiT's superior title industry practice into Newmark's expanding suite of commercial real estate services. Since then, Newmark Title Services has grown its national footprint, efficiently facilitating the closing of commercial real estate transactions across the country.

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 March 31, 2025, Newmark generated revenues of over $2.8 billion. As of March 31, 2025, Newmark and its business partners together operated from 165 offices with approximately 8,100 professionals across four continents. To learn more, visit nmrk.com or follow @newmark.

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.

SOURCE Newmark Group, Inc.