Newmark provides $35 million bridge loan for Georgia apartment community
NMRK•Newmark provided MFP Capital with a $35 million bridge loan for the 264-unit Independence Place community in Hinesville, Georgia. The interest-only, adjustable-rate loan is the first financing under Newmark’s new Multifamily Bridge Program.
1. First program financing
Newmark provided the loan to MFP Capital for Independence Place on October 20, 2026. The interest-only, adjustable-rate financing is the first under its Multifamily Bridge Program, which provides short-term loans for multifamily borrowers transitioning to permanent financing through Fannie Mae, Freddie Mac or FHA programs.
