Newmark Capital Markets is pleased to announce that it procured financing for the Gavilon Headquarters at 1331 Capitol Avenue, Omaha, Nebraska, securing a $30,062,500 loan from Citibank, on behalf of Kawa Capital Management. The team was led by Newmark Capital Markets’ Vice Chairmen and Co-Heads, Debt & Structured Finance, Dustin Stolly and Jordan Roeschlaub, and Senior Managing Director Daniel Fromm.
The property is a Class-A, five-story office building that delivers 130,448 rentable square feet. The building features an on-site parking garage, plug and play capabilities and building security. Amenities include a fitness center, café and rooftop patio.
“Located in the burgeoning Capitol Avenue district of downtown Omaha, this building is in a central location, making it very attractive to the team at Kawa Capital Management,” said Stolly.
“The Gavilon Headquarters is a great addition to Kawa’s portfolio as downtown Omaha’s commercial real estate continues to evolve,” added Roeschlaub.
About Newmark Capital Markets
Newmark Capital Markets, operated by Newmark Group, Inc., is one of the world’s leading commercial real estate advisory firms. Together with London-based partner Knight Frank and independently-owned offices, our 16,000 professionals operate from approximately 430 offices in established and emerging property markets on six continents.
We provide access to a wide range of services, including asset sales, sale leasebacks, mortgage and entity-level financing, equity raising, underwriting and due diligence. The transactions we broker involve vacant land, new real estate developments and existing buildings. We specialize in arranging financing for most types of value-added commercial real estate, including land, condominium conversions, subdivisions, office, retail, industrial, multifamily, student housing, hotels, data center, healthcare, self-storage and special use. For further information, visit www.ngkf.com/capitalmarkets.
Newmark Group, Inc., which is listed on the NASDAQ Global Select Market under the symbol “NMRK”, is a publicly traded subsidiary of BGC Partners, Inc. (“BGC”), a leading global brokerage company servicing the financial and real estate markets. BGC’s common stock trades on the NASDAQ Global Select Market under the ticker symbol “BGCP”. BGC also has an outstanding bond issuance of Senior Notes due June 15, 2042, which trade on the New York Stock Exchange under the symbol “BGCA”.
Discussion of Forward-Looking Statements about Newmark Group
Statements in this document regarding Newmark Group 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. Except as required by law, Newmark Group 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 Group’s and BGC’s Securities and Exchange Commission filings, including, but not limited to, any updates to such risk factors contained in subsequent Forms 10-K, 10-Q, or Forms 8-K.