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Home Banking & Finance

Newmark arranges $550M+ in financing transactions across Westchester, Fairfield counties

Includes $141M in acquisition and construction loans for Stamford projects

Gary Larkin by Gary Larkin
January 7, 2026
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The Stamford Marriott was the benefactor of financing arranged by Newmark Group in 2025. Photo courtesy of Newmark Group

Newmark Group has arranged approximately $550 million in total financings across seven office, multifamily and hospitality assets located throughout Westchester and Fairfield counties in 2025. The transactions were led by Vice Chair Christopher Kramer, Daniel Fromm and Ricky Braha, in collaboration with Jordan Roeschlaub and Nick Scribani.

Newmark, a leader in commercial real estate services and financing, made the announcement after it closed on four deals in the past 30 days — Metro Center, the Stamford Marriott, 300 Atlantic St. and Canterbury Green in downtown Stamford, each supporting a distinct business strategy.

A breakdown of the recent financings include:

  • $51.8M office acquisition loan – HB Nitkin at Metro Center (Knighthead Funding)
  • $48M acquisition and construction loan – Clearview Hotel Capital at Stamford Marriott (Knighthead Funding)
  • $40.75M office refinancing – RFR at 300 Atlantic St. (Argentic)

The activity builds on notable financings completed by Newmark earlier this year, including 200 Elm St. ($132.5 million) in Stamford; The Encore ($77.4 million) in New Rochelle; and Hamilton Crossing ($212 million) in White Plains, with an additional $200 million in financings expected to close in the first quarter of 2026.

“As investors recalibrate capital allocation strategies, NYC’s suburban markets are emerging as clear beneficiaries,” Kramer said. “Westchester and Fairfield counties offer a differentiated risk-adjusted profile, supported by strong fundamentals, pricing discipline and sustained lender interest across high-quality assets.”

In Connecticut, Newmark had some competition from M&T Bank, which ended its fiscal year in September 2025 as the No. 1 Small Business Administration lender in the state with 239 loans for $24.2 million. In the New York City metro, M&T Bank was the No. 3 lender with 312 loans for $29.6 million.

 

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