Business
/U P D A T E -- Newmark Group, Inc./
This release has been updated to include new information provided by Newmark in the fourth paragraph: Cain has been a longtime Newmark client through Tony
About this update from Newmark Group, Inc.
[{"type":"text","content":"This release has been updated to include new information provided by Newmark in the fourth paragraph: Cain has been a longtime Newmark client through Tony Gibbon, Managing Partner, Head of London Markets; the Company's global platform continues to create integrated client solutions and opportunities across segments, sectors and geographies. \nNewmark Acts as Strategic Advisor for One Beverly Hills, an Ultra-Luxury Mixed-Use Development in Beverly Hills, CA\nTransaction Includes Largest Non-Data Center Construction Loan in U.S. History1NEW YORK and LOS ANGELES, March 25, 2026 /PRNewswire/ -- Newmark announces the Company acted as strategic advisor on behalf of Cain, the real estate asset manager led and co-founded by Jonathan Goldstein in partnership with Eldridge Industries, delivering a fully integrated capital markets and advisory solution for One Beverly Hills—an ultra-luxury, generational mixed-use development poised to redefine Beverly Hills and greater Los Angeles. Drawing on Newmark's global capital markets expertise, deep local market knowledge and multidisciplinary advisory platform, the assignment culminated in the largest non–data center construction loan ever secured for a mixed-use project in the United States, underscoring Newmark's ability to execute highly complex, market‑defining transactions for institutional clients.\n \n \n \n \n \n \n \nThe assignment culminated in the largest non–data center construction loan ever secured for a U.S. mixed-use project.Newmark Capital Markets Strategies, led by Anthony Orso, leveraged decades of experience with the One Beverly Hills site to advise the sponsor on capital strategy and execution of one of the largest mixed-use developments in U.S. history. Also supporting the project from Capital Markets Strategies were Vice Chairman Bill Weber, Executive Managing Director Ari Schwartzbard and Managing Director Cliff Welden, as well as Vice Chairman Henry Stimler and Managing Director Ricky Warner.\"Newmark brought together a highly coordinated, multidisciplinary team across international capital markets, retail, valuation and underwriting,\" said Jonathan Goldstein, Co-Founder and Chief Executive Officer of Cain. \"On a project of this scale, that level of integration is critical, not just to execution but to attracting best-in-class institutional capital. Their ability to alig...