Newmark originates more than $2 billion in financing annually for commercial properties of all types, including multifamily housing, and services over $10 billion made up of over 1,300 commercial property mortgages. Since a significant portion of these properties are located in states where earthquakes and seismic activity are definitive concerns for our asset owners and correspondent lenders, Newmark is committed to protecting the interests of these vested entities through organizations like USRC. Newmark has the expertise and deep relationships to underwrite and finance seismic retrofits, for both new construction as well as existing projects. The lenders Newmark represents want the benefit of the most current methods of ascertaining seismic risk and the certification of experts qualified to measure this risk.
The USRC’s mission is lockstep with Newmark’s pursuit of best practices and thought leadership. Newmark supports the USRC’s goals of raising the resilience of our cities, one building at a time, and stands ready to support this goal.
USRC is a 501(c)3 non-profit organization and is a leading organization for implementing
and disseminating rating systems that describe the
performance of buildings during earthquakes and other
natural hazard events.