Newmark arranges $975 million financing for Project Helios data center in Northern Virginia
Type: Financing · Technology: Data Center · Country: United States · Value: $975M · Announced: 2026-06-09
Newmark arranged a $975 million balance sheet financing for Project Helios, a newly constructed state-of-the-art data center in Northern Virginia, a critical hub for internet traffic and network infrastructure. The borrower was a joint venture between Affinius Capital and Corscale Data Centers, with Blue Owl providing the financing for the mission-critical facility. The property is a newly delivered data center within one of Northern Virginia’s premier data center campuses, surrounded by multiple investment-grade hyperscale tenants. The asset is 100 percent leased to a leading, investment-grade cloud service provider under a long-term lease, underscoring the strength of both the tenancy and the underlying infrastructure. The transaction reflects institutional conviction in digital infrastructure, particularly in Northern Virginia, where demand is driven by unmatched connectivity, scale, and proximity to end users.
Analysis
Newmark arranged a $975 million balance sheet financing for Project Helios, a data center in Northern Virginia, on June 9, 2026. The borrower was a joint venture between Affinius Capital and Corscale Data Centers, with Blue Owl providing the financing. Newmark is a global commercial real estate services firm that provides advisory, transaction, and management services to clients across various property types. The data center is 100 percent leased to a leading cloud service provider under a long-term lease. The property is located within one of Northern Virginia's premier data center campuses, surrounded by multiple investment-grade hyperscale tenants.
Key points
- $975 million financing
- Project Helios data center
- Northern Virginia location
- June 9, 2026 announcement
- 100 percent leased to a leading cloud service provider
Counterparties
- Affinius Capital (Investor)
- Blue Owl (Lender)
- Newmark (Advisor)
- Corscale Data Centers (Investor)
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