02:37 PM EST, 11/04/2024 (MT Newswires) -- Newmark Group ( NMRK ) said Monday it arranged a $315 million refinancing loan for TPG Angelo Gordon and Andover Properties, covering a 43-asset self-storage portfolio under Andover's Storage King USA brand.

The financing, provided by Wells Fargo ( WFC ) , Goldman Sachs ( GS ) , and 3650 REIT, supports a portfolio of over 21,300 units across 3.1 million square feet, spanning 11 states, Newmark ( NMRK ) said.

Newmark ( NMRK ) shares were up 0.8% in recent trading.

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