Newmark Secures $98 Million Financing for the Acquisition of The Grande at Metro Park

December 17, 2025 9:00 AM

Newmark announces the Company has arranged a $98 million loan on behalf of Brooksville Company and Torchlight Investors, to finance the acquisition of The Grande at Metro Park.

“Newmark Co-President, Global Debt & Structured Finance Jordan Roeschlaub, Vice Chairman Christopher Kramer, Executive Vice Chairman Adam Doneger and Associate Ryan Bub secured the financing from Ares.

Delivered in two phases in 2019 and 2023, the 356-unit multifamily community features high-quality finishes and a comprehensive amenity program. The property is strategically located just off the Garden State Parkway and near Metropark Station, offering convenient access throughout Northern New Jersey and the greater New York City metro area.

About Brooksville Company
Brooksville Company is a vertically integrated real estate investment and management firm with a successful track record of over 20 years. The firm invests in and manages large, complex multifamily properties throughout the greater NYC area and currently owns / manages over 13,000 units. The Brooksville leadership team has transacted on over $12 billion of multifamily assets.

About Torchlight Investors
Torchlight Investors, LLC is an investment manager specializing in commercial real estate debt, offering institutional clients access to private and public market investment strategies. Since 1995, Torchlight has managed over $30 billion in commercial real estate debt investments, invested in a broad array of private and public commercial real estate investments across the credit spectrum and currently has $5.9 billion of assets under management.

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.

Discussion of Forward-Looking Statements about Newmark
Statements in this document regarding Newmark that are not historical facts are “forward-looking statements” that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. These include statements about the Company’s business, results, financial position, liquidity, and outlook, which may constitute forward-looking statements and are subject to the risk that the actual impact may differ, possibly materially, from what is currently expected. Except as required by law, Newmark undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see Newmark’s Securities and Exchange Commission filings, including, but not limited to, the risk factors and Special Note on Forward-Looking Information set forth in these filings and any updates to such risk factors and Special Note on Forward-Looking Information contained in subsequent reports on Form 10-K, Form 10-Q or Form 8-K.