
Newmark secured $975 million in balance-sheet financing for Project Helios, a newly completed data center in Northern Virginia’s premier digital infrastructure hub. The mission-critical facility is fully leased to an investment-grade cloud service provider under a long-term agreement, underscoring strong institutional demand.
Newmark Group structured a $975 million balance-sheet financing solution for Project Helios in Northern Virginia, representing one of the largest institutional financings for a single digital infrastructure asset to date. The financing was provided by Blue Owl and facilitated by a team led by Newmark’s Co-Head of Global Debt & Structured Finance and sector specialists, underscoring the firm’s strength in large-scale capital solutions.
Project Helios is a newly delivered, mission-critical data center located within a premier hyperscale campus in Northern Virginia. The facility is 100% leased to an investment-grade cloud service provider under a long-term contract, offering stable cash flows and highlighting high-quality tenancy within a top-tier connectivity hub.
The transaction demonstrates robust institutional conviction in digital infrastructure, particularly in Northern Virginia where connectivity and proximity to end users drive demand. This deal reinforces Newmark’s advisory capabilities in structuring complex financing for critical real estate assets and could boost its credentials in the growing data center finance market.