Newmark Arranges $210 Million Financing Facility Of Portfolio Of Four Citizenm Hotels
Amount Raised
$210 Million
Round Type
Funding Round
New YorkFinancial ServicesSoftwareAdvertisingReal EstateReal Estate InvestmentProperty ManagementCommercial Real EstateDescription
On behalf of citizenM, Newmark has arranged a $210 million financing facility for a 904-key portfolio of four under construction and soon-to-be-delivered citizenM hotels. The Newmark team was led by Dustin Stolly and Jordan Roeschlaub, Vice Chairmen and Co-Heads of the Debt & Structured Finance team, and Senior Managing Director Nick Scribani.
Quick answer
Newmark raised $210 Million in a Funding Round round, dated September 26, 2022. Newmark is based in New York, New York, United States.
- How much did Newmark raise?
- Newmark raised $210 Million in a Funding Round round on September 26, 2022.
- What does Newmark do?
- 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.
- Where is Newmark based and how big is it?
- Newmark is based in New York, New York, United States. Fundz records about 8,100 employees.
- Who are the decision-makers at Newmark?
- Fundz holds 2 contacts at Newmark. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services and Advertising around the same time
Companies in the same sectors as Newmark that raised within 45 days of this round, from Fundz verified event records.
- ClosingLock raised $4M (Seed) on August 16, 2022.
- Fathom raised $46M on November 4, 2022.
- Walker & Dunlop raised an undisclosed amount (Funding Round) on October 31, 2022.
- SmallSmall raised $3M (Seed) on October 31, 2022.
- Blackstone raised $500M (Corporate Round) on October 13, 2022.
- MoveGenius raised $457K (Pre-Seed) on September 29, 2022.
Who to call at Newmark, and when
A new round usually means Newmark is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Newmark raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Newmark, from your own LinkedIn network
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Related People
Newmark raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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