Newmark Arranges $975 Million Financing for Northern Virginia Data Center

Jun 9, 2026
Newmark Group has arranged $975 million in balance sheet financing for Project Helios, a newly built data center in Northern Virginia. The financing was provided by Blue Owl and supports a facility fully leased to a major cloud service provider.

Newmark Group, Inc. announced in a press release that it has arranged a $975 million balance sheet financing for Project Helios, a newly constructed data center in Northern Virginia. The financing was provided by Blue Owl Capital.

The borrower is a joint venture between Affinius Capital and Corscale Data Centers. The facility is fully leased to an investment grade cloud service provider under a long term agreement.

The property is located within one of Northern Virginia’s leading data center campuses and is surrounded by multiple large scale tenants. The transaction was led by Newmark’s Global Debt and Structured Finance team, including Co Head Jordan Roeschlaub, Vice Chairman Christopher Kramer, and Managing Directors Chris Lozinak and John Caraviello.

Newmark described the project as part of continued institutional investment in digital infrastructure within Northern Virginia, an area recognized for its connectivity and concentration of hyperscale operations.

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