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BGC Partners Buying Berkeley Point Financial, Folding Multifamily Lender into Newmark Knight Frank

Cantor Fitzgerald Selling Affiliate to BGC Affiliate, Both Firms Headed by Dealmaker Lutnick; Firms Launching New CRE Investment Fund

BGC Partners Inc. (NASDAQ: BGCP) has agreed to acquire Berkeley Point Financial LLC, a multifamily and healthcare real estate finance company, from an affiliate of Cantor Fitzgerald LP for $875 million.

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