Newmark : Arranges $64 Million Multifamily Sale of The Liam at Hays Farm in Huntsville, Alabama

Published: 2026-05-04 12:29:10 ET NMRK

Published on 05/04/2026 at 12:29 pm EDT

May 4, 2026 9:00 AM Newmark announces the Company has arranged the $64 million sale of The Liam at Hays Farm, a 329-unit Class A multifamily property in Huntsville, Alabama. The asset was acquired by Greystone and marks the largest multifamily sale in the Huntsville market since 2023.[1] Newmark Multifamily Capital Markets Senior Managing Director Justin Uffinger and Associate Director Sarah Nee represented the seller, a joint venture between Bomasada Group and an affiliate of The Wolff Company, in the transaction. "We continue to see strong investor demand for high-quality multifamily assets in Huntsville, driven by the market's robust population growth, expanding employment base and relative affordability," said Uffinger. "The Liam at Hays Farm offered an exceptional opportunity to acquire a newly constructed, institutionally built community within one of the Southeast's most dynamic growth markets." Constructed in 2024, The Liam at Hays Farm features luxury amenities and top-tier interior finishes. Community amenities include a resort-style pool, zen courtyard with fireside lounge and state-of-the-art fitness center. "We are excited to add The Liam at Hays Farm to the Greystone portfolio and continue expanding our presence in Huntsville, one of the most dynamic and fastest-growing markets in the Southeast," said Will White, Managing Member at Greystone. "Justin and Sarah at Newmark did an outstanding job throughout the process, demonstrating strong communication and seamless execution from start to finish. We also appreciate the collaboration with the seller and their team, whose professionalism helped bring this transaction to a successful close." The property is located within Hays Farm, an 850-acre master-planned community in South Huntsville, with approximately 500 acres dedicated to preserved green space, including wooded areas, ponds and trails. The asset is adjacent to Grissom High School and approximately five minutes from Gate 3 of Redstone Arsenal, one of the region's primary employment hubs. Huntsville has experienced significant population growth in recent years, increasing by approximately 16% since 2020 and ranking among the fastest-growing cities in the U.S., according to the City of Huntsville's Planning Department. The city was also recently ranked the #1 Best Place to Live in the U.S. by Livability.com.[1] According to Newmark ResearchAbout 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 March 31, 2026, Newmark generated revenues of more than $3.4 billion. As of March 31, 2026, Newmark and its business partners together operated from over 185 offices with more than 9,600 professionals across four continents. To learn more, visit nmrk.com or follow @newmark.Discussion of Forward-Looking Statements about Newmark Statements in this document regarding Newmark that are not historical facts are "forward-looking statements" that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. These include statements about the Company's business, results, financial position, liquidity, and outlook, which may constitute forward-looking statements and are subject to the risk that the actual impact may differ, possibly materially, from what is currently expected. Except as required by law, Newmark undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see Newmark's Securities and Exchange Commission filings, including, but not limited to, the risk factors and Special Note on Forward-Looking Information set forth in these filings and any updates to such risk factors and Special Note on Forward-Looking Information contained in subsequent reports on Form 10-K, Form 10-Q or Form 8-K.

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Newmark Group Inc. published this content on May 04, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 04, 2026 at 16:28 UTC.