Back to news

Newmark Arranges $369 Million Fannie Mae Credit Facility for April Housing Florida Portfolio

PR Newswire•19/10/2026•11:30 ET
0

Key Highlights

  • ➤Newmark arranges $369 million Fannie Mae credit facility for 11-property Florida portfolio
  • ➤Facility comprises $221.4 million fixed-rate and $147.6 million floating-rate draws
  • ➤April Housing preserves long-term affordability across 11 Florida properties
  • ➤Newmark generated more than $3.6 billion revenue in twelve months ended June 30, 2026

Expert Statements

Evan Williams, Vice Chairman and Head of Affordable Housing Debt & Structured Finance, Newmark

“The successful execution of this financing reflects the strength of our relationship with April Housing and Fannie Mae, as well as our team's ability to navigate complex affordable housing transactions under demanding timelines.”

Evan Williams, Vice Chairman and Head of Affordable Housing Debt & Structured Finance, Newmark

“Through a highly coordinated effort, we delivered a customized structure that supported proceeds, addressed extensive regulatory requirements and helped position these communities for long-term affordability.”

Naveen Agrawal, Senior Vice President of Capital Markets, April Housing

“By financing with a best-in-class credit facility from the Fannie Mae and Newmark teams, April Housing is able to ensure long-term affordability at these communities.”

Naveen Agrawal, Senior Vice President of Capital Markets, April Housing

“We are grateful for our continued collaboration and support from both Fannie Mae and Newmark.”

Newmark Arranges $369 Million Fannie Mae Credit Facility for April Housing Florida Portfolio PR Newswire

NEW YORK, Oct. 19, 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, announced the Company has arranged a $369 million Fannie Mae credit facility on behalf of April Housing, supporting the long-term preservation of an 11-property affordable housing portfolio located throughout Florida.

Get started

Create a free account to read the full story.

Sign Up

Already have an account? Log in