10:26 AM EST, 12/12/2024 (MT Newswires) -- Newmark Group ( NMRK ) said Thursday it has arranged a $400 million credit facility for privately held PORT 32 Marinas that will refinance its existing portfolio of coastal marinas and fund the acquisition of additional facilities in the future.

Funding for the loan was provided by BAWAG Group, an Austria-based bank, Newmark ( NMRK ) said.

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