NewsMV
Newmark Group (Nasdaq: NMRK) has arranged a $515 million refinancing for Rithm Capital at 31 West 52nd Street in Midtown Manhattan.
The deal, announced July 6, 2026, marks one of the larger single-asset refinancings in the Midtown office corridor in recent memory, anchoring a significant capital position at one of the district's established addresses.
The Deal at a Glance Newmark brokered the $515 million transaction on behalf of Rithm Capital, securing fresh financing against the 31 West 52nd Street property.
The announcement identified Newmark as a commercial real estate advisor and service provider to large institutional investors and global corporations. No lender or loan terms were disclosed in the initial release.
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