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Purvesh Gosalia, Tip Strickland and David Schwarz

Company: 

Newmark

$4,831,568,129

Generated more than $4.8 billion in deal volume during 2022

Spearheaded a total of 115 transactions

Newmark Vice Chairmen Purvesh Gosalia, Tip Strickland and David Schwarz co-lead a highly successful multifamily debt and structured finance team based in Houston, TX. The team closed more than $22 billion on behalf of over 100 clients within the past 16 years.

Gosalia, Strickland and Schwarz collectively originated or facilitated the placement of more than $4.9 billion of debt in the 2022 calendar year, representing the highest volume of any capital markets team across the Newmark platform. The originations volume consisted of 102 acquisitions, 10 refinances, two supplementals and one construction loan for a total of 115 transactions. The deals utilized 43 different capital providers on behalf of 53 borrowers in 14 states.

Notable transactions included a $365-million loan for the 20-property Cedar Grove multifamily portfolio, and a $120-million multifamily value-add conversion loan for Bourbon Square.

These are some of the reasons we selected Purvesh Gosalia, Tip Strickland and David Schwarz for inclusion in the 2023 Connect CRE Top Mortgage Brokers and Lenders Awards. These awards recognize industry professionals who have demonstrated the highest commercial real estate finance standards.

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Inside The Story

Newmark's Purvesh Gosalia Newmark's Tip Strickland Newmark's David Schwarz

About Amy Wolff Sorter

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