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The real estate broker handled a total of $93.37 billion of property sales and mortgage placements last year, down only 14.8 percent from 2022. But that volume was goosed by its handling of nearly $40 billion of assets that had been on the balance sheet of the now-defunct Signature Bank.
The post Newmark Saw 14.8 Percent Drop in Sales, Financing Activity in 2023 appeared first on Commercial Real Estate Direct.
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