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Newmark Facilitates $150M Acquisition Loan for 2.2M SF Industrial Portfolio for DRA Advisors and Burton Katzman

PR Newswire - Wed Mar 8, 2023

NEW YORK, March 8, 2023 /PRNewswire/ -- On behalf of Burton-Katzman and DRA Advisors, Newmark has arranged approximately $150 million of financing proceeds to facilitate the acquisition of 24 strategically located industrial properties across the Midwest (the "Portfolio"). The Newmark team was led by Co-Heads of Debt & Structured Finance, Jordan Roeschlaub and Dustin Stolly, along with Senior Managing Director Chris Kramer. Protective Life, Old National Bank and One America originated the loans.

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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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