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Newmark Arranges $975 Million Financing for Mission-Critical Data Center in Northern Virginia
Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading commercial real estate advisor and service provider to large institutional investors, global corporations, and other owners and occupiers, announces the Company has arranged a $975 million balance sheet financing for Project Helios, a newly constructed, state-of-the-art data center in Northern Virginia, a critical hub for internet traffic and network infrastructure.
About this update from Newmark Group, Inc.
NEW YORK, June 8, 2026 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading commercial real estate advisor and service provider to large institutional investors, global corporations, and other owners and occupiers, announces the Company has arranged a $975 million balance sheet financing for Project Helios, a newly constructed, state-of-the-art data center in Northern Virginia, a critical hub for internet traffic and network infrastructure. Newmark Co-Head of Global Debt & Structured Finance Jordan Roeschlaub, Vice Chairman Christopher Kramer, Managing Directors Chris Lozinak and John Caraviello and Associate Director Ryan Bub, alongside sector specialists Andrew Warin, Head of Strategic Advisory, and Phil O'Bannon, Head of Infrastructure, represented the borrower, a joint venture between Affinius Capital and Corscale Data Centers. Blue Owl provided the financing. The property is a newly delivered, mission-critical data center within one of Northern Virginia's premier data center campuses, surrounded by multiple investment-grade hyperscale tenants. The asset is 100% leased to a leading, investment-grade cloud service provider under a long-term lease, underscoring the strength of both the tenancy and the underlying infrastructure. "This transaction reflects continued institutional conviction in digital infrastructure, particularly in Northern Virginia, where demand is driven by unmatched connectivity, scale and proximity to end users," said Kramer. "High-quality assets in established hyperscale ecosystems, leased to investment-grade tenants, are drawing strong interest from capital providers." About NewmarkNewmark 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 March 31, 2026, Newmark generated revenues of more than $3.4 billion. A...
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