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Newmark Facilitates $240M Industrial Joint Venture Between DRA Advisors and Burton Katzman; and go forward Programmatic Venture

PR Newswire - Mon Mar 6, 2023

NEW YORK, March 6, 2023 /PRNewswire/ -- Newmark has arranged a $240 million joint venture (the "Venture") between the Sponsor, Burton Katzman and DRA Advisors for the recapitalization of 24 infill light industrial properties in the Midwest. The Newmark team was led by Vice-Chairmen and Co-Heads of Debt & Structured Finance Jordan Roeschlaub and Dustin Stolly, along with Director Eden Abraham. Executive Managing Director Daniel Canvasser from the Detroit office provided regional support on the transaction.

Read more at prnewswire.com

Provided Content: Content provided by PR Newswire. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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