Newmark Arranges $218 Million Financing for Acquisition and Conversion of 101 Greenwich Street

January 20, 2026 9:00 AM

Newmark announces the Company has arranged a $218 million loan, on behalf of Quantum Pacific and MetroLoft Developers, for the acquisition and residential conversion of 101 Greenwich Street in Downtown Manhattan. The financing was secured from Apollo Global Management, by Newmark Co-President, Global Debt & Structured Finance Jordan Roeschlaub, Vice Chairman Christopher Kramer and Associate Director Holden Witkoff.

101 Greenwich Street represents a highly efficient potential office-to-residential conversion opportunity, benefiting from U-shaped floor plates, extensive window lines, strong natural light and above-average ceiling heights.

Strategically positioned along Greenwich Street, Rector Street and Trinity Place, the property is located in a premium area within Manhattan’s Financial District, offering immediate access to a highly amenitized environment of retail, dining, hospitality and entertainment. It also benefits from proximity to major transportation hubs, including the Fulton Street Transit Center and the World Trade Center Oculus.

Newmark Co-Head of U.S. Capital Markets Adam Spies and Executive Vice Chairman Adam Doneger represented the seller, BentallGreenOak (“BGO”), in the $105-million sale.

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 September 30, 2025, Newmark generated revenues of over $3.1 billion. As of September 30, 2025, Newmark and its business partners together operated from approximately 170 offices with over 8,500 professionals across four continents. To learn more, visit nmrk.com or follow @newmark.

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