Newmark Arranges Sale and Financing of District West Gables Multifamily Community in Miami

October 1, 2025 1:00 PM

Newmark announces the Company has arranged the sale and financing of District West Gables, a premier 427-unit multifamily community located in Miami, Florida. Newmark Vice Chairmen Hampton Beebe and Avery Klann represented an undisclosed seller in the transaction. Vice Chairman Matt Williams and Senior Managing Director Danny Matz arranged the financing on behalf of buyer FCP_®. The loan was provided by Truist Bank.

“This acquisition marks a strategic step for FCP as they continue to invest in high-quality assets in core South Florida markets,” said Beebe.

Williams added, “The property’s fundamentals, long-term growth profile and proximity to Coral Gables positioned it for an extremely competitive capital process.”

Built in two phases in 2015 and 2017, District West Gables is a Class A property located in Miami, offering a mix of spacious one-, two- and three-bedroom units with modern finishes and premium amenities. The community features resort-style pools, a resident clubhouse and gated parking among its many offerings. Its location provides residents with convenient access to Coral Gables, Brickell City Center, the University of Miami, Miami International Airport and major employment hubs throughout the Miami metro area.

According to Newmark Research, the U.S. multifamily sector recorded $35.1 billion in investment volume in 2Q25, down 14.4% year over year. Despite the quarterly dip, trailing twelve months activity is up 24.4%, largely driven by Sun Belt markets including Miami.

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 June 30, 2025, Newmark generated revenues of over $2.9 billion. As of June 30, 2025, Newmark and its business partners together operated from 165 offices with over 8,400 professionals across four continents. To learn more, visit nmrk.com or follow @newmark.

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