08:04 AM EDT, 10/31/2025 (MT Newswires) -- Newmark Group ( NMRK ) said late Thursday that it has arranged a $600 million loan package on behalf of West Shore, including a $550 million senior mortgage and a $50 million mezzanine loan.

The company said that the proceeds will be used to refinance over $250 million in existing debt across five properties in Florida, Virginia, North Carolina and Kentucky, as well as to acquire three multifamily assets across South Carolina, Ohio and Florida.