Newmark Facilitates $450M Refinancing for Texas Tower, Trophy Class A Office High-Rise
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Newmark has secured a $450 million refinancing loan for the Texas Tower in Houston, Texas. This deal was facilitated by Newmark's Global Debt & Structured Finance team on behalf of owners Hines and Ivanhoé Cambridge.
February 27, 2025 | 10:45 pm
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Newmark has successfully facilitated a $450 million refinancing for Texas Tower, highlighting its expertise in structured finance and potentially boosting its reputation and business prospects.
The successful facilitation of a large refinancing deal demonstrates Newmark's capabilities in structured finance, which could lead to increased business opportunities and a positive impact on its stock price.
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