NewtekOne, Inc.
For the period ended Dec 31, 2024. Filed Mar 17, 2025.
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FY2024 · Filed Mar 17, 2025
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Item 2. PROPERTIES
We conduct our principal business activities in facilities leased from unrelated parties at market rates. Our headquarters are located in Boca Raton, Florida. Our operating subsidiaries have properties which are material to the conduct of their business as noted below. In addition, our Capcos maintain offices in each of the states in which they operate.
Below is a list of our leased offices and space as of December 31, 2024, which are material to the conduct of our business:
| Location | Lease expiration | Purpose | Approximate square feet |
|---|---|---|---|
| 4800 T Rex AvenueBoca Raton, FL 33431 | April 2026 | Corporate headquarters, lending operations and subsidiaries’ offices | 7,800 |
| 1981 Marcus AvenueLake Success, NY 11042 | April 2027 | Newtek Bank, lending operations, corporate operations, NY Capco offices and subsidiaries’ offices | 44,800 |
| 1985 Marcus AvenueLake Success, NY 11042 | April 2027 | Newtek Bank and lending operations | 7,300 |
| 200 and 250 South Orange Avenue, Orlando, FL 32801 | February 2030 | Lending operations | 5,800 |
| 1111 Brickell Avenue, Suite 135Miami, Florida 33131 | February 2027 | Main office Newtek Bank | 1,800 |
| Wilmington, NC | October 2027 | Newtek Bank operations | 3,000 |
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