FINANCIAL_SERVICESPENDING

Freddie Mac/ Newmark Provide $38.5M Loan Commitment

Newmark, through Freddie Mac, is providing up to $38.5 million in first mortgage construction and permanent financing for the Falls at Bonaventure affordable housing project in Weston. The loan will be interest only for the first seven years and amortize over 40 years.

Status
PENDING
Document date
June 17, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Newmark/freddie Mac
Agency
BROWARD county HOUSING AUTHORITY · FL

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Up to $38,500,000 (First Mortgage)
Contract type
FINANCIAL_SERVICES
Contract term
192 months (16 years), with an interest-only period for the first 7 years
Renewal date
2042-09-30
Renewal
Loan terms may adjust at closing. Interest rate and principal subject to rate lock prior to settlement.
Document type
AgendaPacket
Source document
Housing Finance Authority of Broward County Board Package 2026-06-17

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by BROWARD county HOUSING AUTHORITY?

Newmark/freddie Mac was awarded this financial services contract by BROWARD county HOUSING AUTHORITY, as recorded on June 17, 2026. The contract value is Up to $38,500,000 (First Mortgage).

How much is the Newmark/freddie Mac contract with BROWARD county HOUSING AUTHORITY worth?

The Newmark/freddie Mac contract with BROWARD county HOUSING AUTHORITY is valued at Up to $38,500,000 (First Mortgage), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Housing Finance Authority of Broward County Board Package 2026-06-17 (AgendaPacket), dated June 17, 2026 from BROWARD county HOUSING AUTHORITY. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Newmark/freddie Mac hold?

Newmark/freddie Mac may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Newmark/freddie Mac's profile

What is BROWARD county HOUSING AUTHORITY currently buying?

Explore BROWARD county HOUSING AUTHORITY's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View BROWARD county HOUSING AUTHORITY's profile

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