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Newmark Raises $500 Million for Programmatic Joint Venture for Castle Park Investments

PR Newswire - Tue Mar 14, 2023

NEW YORK, March 14, 2023 /PRNewswire/ -- Newmark has raised $500 million for a programmatic joint venture ("the Venture") between a global real estate private equity firm and Castle Park Investments ("CPI") that will focus on core plus and value-add manufactured housing communities ("MHC"), recreational vehicle ("RV") resorts and campground assets across the U.S. The team was led by Newmark's Co-Heads of Debt & Structured Finance Jordan Roeschlaub and Dustin Stolly, along with Director Eden Abraham.

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