Newmark Arranges $51 Million Financing of Safe Harbor Investments’ Trophy Asset in Port St. Lucie

February 4, 2025 10:00 AM

Newmark announces the firm originated the $51 million acquisition financing of Mason Port St. Lucie, a 252-unit garden-style apartment community in Port St. Lucie, Florida. Newmark Vice Chairman Matthew Williams, Senior Managing Director Daniel Matz, Managing Director James Maynard, Director Kyle Schlitt and Assistant Vice President Robert Wright secured the bridge loan from Ladder Capital on behalf of buyer Safe Harbor Investments, LLC.

“By leveraging our team’s deep market expertise and relationships with lenders, we were able to secure competitive financing that aligns with the client’s investment objectives,” said Williams. “Our informed approach provided us with an edge, which we relied on to navigate a dynamic market, delivering strategic value and results for our client.”

Mason Port St. Lucie is a newly constructed, three-story multifamily property offering modern residences with granite countertops, stainless-steel appliances, vinyl plank flooring, walk-in closets and private patios or balconies. Residents enjoy an extensive suite of on-site amenities, including a resort-style pool, a state-of-the-art fitness center with a yoga and spin room, a dog park with a grooming station, a resident clubhouse with complimentary WiFi and coffee bar, an outdoor station and firepit areas.

The property is situated across from HCA Florida St. Lucie Hospital and within three miles of over 3.1 million square feet of retail, including Publix, Crunch Fitness and numerous dining and entertainment options. Mason Port St. Lucie is located in a highly amenitized and rapidly growing market, offering residents convenient access to healthcare, employment centers and one of Florida’s most dynamic economies.

About Newmark
Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries (“Newmark”), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark’s comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform’s global reach with market intelligence in both established and emerging property markets, Newmark provides superior service to clients across the industry spectrum. For the twelve months ended September 30, 2024, Newmark generated revenues of approximately $2.6 billion. As of that same date, Newmark’s company-owned offices, together with its business partners, operated from nearly 170 offices with more than 7,800 professionals around the world. To learn more, visit nmrk.com or follow @newmark.

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