Newmark Group

Newmark Group Inc. engages in the provision of commercial real estate services. It offers its services to commercial real estate tenants, investors, owners, occupiers, developers, leasing and corporate advisory, investment sales and real estate finance, consulting, origination and servicing of commercial mortgage loans, valuation, project and development management and property and facility management. The company was founded in 1929 and is headquartered in New York, NY.

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Newmark Group reports robust Q4 earnings, eyes growth opportunities

Newmark Group's Q4 2022 earnings call highlighted strong financial performance, strategic initiatives for growth, and proactive measures to address challenges. The company's leadership expressed confidence in the future outlook, emphasizing a focus on talent acquisition and market opportunities.

Newmark Group reports Q1 2023 results, focuses on global expansion

Newmark Group's Q1 2023 performance reflected short-term financial pressures from investments made for future growth, with a focus on talent acquisition and global expansion.
Despite challenges in total revenues and adjusted EBITDA, the company's strategic acquisitions and investments signal long-term growth potential and market resilience.
Opportunities lie in revenue diversification, sector-specific growth prospects, and transparent communication to enhance investor confidence and market positioning.
Navigating evolving capital markets and addressing analyst inquiries demonstrate Newmark's proactive approach towards market dynamics and strategic growth initiatives.

Newmark Group (NMRK) reports robust Q2 earnings, eyes post-pandemic growth

Newmark Group's Q2 2023 earnings call showcased strong financial performance, strategic positioning in the real estate market, and confidence in future growth. Challenges include market uncertainties and margin considerations, but opportunities for expansion and revenue growth are on the horizon.

Newmark Group excels in Q3, poised for industry outperformance

Newmark Group's Q3 2023 earnings call highlighted strong financial performance, market share gains, and growth prospects. The company's leadership expressed confidence in its ability to outperform the industry and navigate challenges effectively. With a focus on growth opportunities and strategic positioning, Newmark Group aims to sustain its positive momentum.

Newmark Group reports strong Q4 earnings, eyes growth opportunities

Newmark Group's Q4 2023 earnings call showcased robust financial performance, strong cash position, and strategic growth initiatives. While facing challenges in market uncertainties and talent recruitment, the company is well-positioned to leverage opportunities for revenue growth and market expansion in 2024.

Newmark Group reports Q1 revenue growth, eyes capital market leadership

Newmark Group showcased solid revenue growth driven by capital markets and management services.
While facing challenges in leasing revenues, the company remains focused on cost savings and growth.
Strategic initiatives and a strong financial position position Newmark well for future opportunities.
Expectations of continued earnings improvement signal a positive outlook for the company.

Newmark Group excels in Q2 2024 with strong revenue growth

Newmark Group's Q2 2024 performance showcased robust revenue growth, effective expense management, and strategic investments in key sectors. While facing challenges in expense control and debt management, the company's focus on opportunities in multifamily and debt business positions it for sustained growth. Share repurchases and optimistic outlook signal confidence in Newmark's future prospects.

Newmark Group reports robust Q3 earnings and eyes European expansion

Newmark Group's Q3 2024 earnings call showcased strong financial performance, with revenue, adjusted EPS, and EBITDA all experiencing significant growth. The company's focus on strategic growth in Europe, share buyback program, and guidance for continued revenue and earnings growth underscore its commitment to delivering value to shareholders. While facing challenges in managing expenses, Newmark Group remains well-positioned to capitalize on opportunities in the real estate market.

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Newmark Group, Inc. engages in the provision of commercial real estate services. It offers its services to commercial real estate tenants, investors, owners, occupiers, developers, leasing and corporate advisory, investment sales and real estate finance, consulting, origination and servicing of commercial mortgage loans, valuation, project and development management and property and facility management. The company was founded in 1929 and is headquartered in New York, NY.

PARIS , Nov. 13, 2024 /PRNewswire/ -- Newmark announces the firm has advised Unibail-Rodamco-Westfield (URW) in the €172.5 million sale of the 140,846 square-foot (13,085 square-meter) office portion of Les Ateliers Gaîté, a mixed-use property in the prominent Montparnasse district of Paris. Newmark Deputy Chief Business Officer Emmanuel Frénot arranged the transaction between URW and buyers Swiss Life Asset Managers and Norges Bank Investment Management.

Newmark Advises URW in €172.5 Million Office Sale

NMRK's normalized EPS rose by +22% YoY in Q3 2024, and this was equivalent to a +11% bottom-line beat. Newmark lifted its full-year revenue and earnings guidance, and the market sees NMRK expanding its non-GAAP adjusted EPS by +22% next year. I am still rating NMRK as a Buy, as I find the stock's low teens multiple to be attractive.

Newmark Group: Beat-And-Raise Q3 Supports A Buy

Sale Marks Largest Miami Hotel Transaction This Year NEW YORK , Nov. 5, 2024 /PRNewswire/ -- Newmark announces the more than $400 million sale of the 20-story oceanfront W Hotel South Beach in Miami, Florida. Newmark was an advisor to the seller, Tricap1.

Newmark Advises on Sale of Iconic W Hotel South Beach

Newmark Group, Inc. (NASDAQ:NMRK ) Q3 2024 Earnings Conference Call November 5, 2024 10:00 AM ET Company Participants Jason McGruder - Head of Investor Relations Barry Gosin - Chief Executive Officer Mike Rispoli - Chief Financial Officer Luis Alvarado - CRO & East Region Market Leader Conference Call Participants Connor Mitchell - Piper Sandler Jade Rahmani - KBW Patrick O'Shaughnessy - Raymond James Operator Ladies and gentlemen, good day, and welcome to the Newmark Group 3Q 2024 Financial Results Call. Today's conference is being recorded.

Newmark Group, Inc. (NMRK) Q3 2024 Earnings Call Transcript

Newmark Group (NMRK) came out with quarterly earnings of $0.33 per share, beating the Zacks Consensus Estimate of $0.31 per share. This compares to earnings of $0.27 per share a year ago.

Newmark Group (NMRK) Q3 Earnings Top Estimates

Conference Call to Discuss Results Scheduled for 10:00 a.m. ET Today NEW YORK , Nov. 5, 2024 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading commercial real estate advisor and service provider to large institutional investors, global corporations, and other owners and occupiers, today, reported its financial results for the three and nine months ended September 30, 2024, and declared its quarterly dividend.

Newmark Reports Third Quarter 2024 Financial Results

NEW YORK , Nov. 4, 2024 /PRNewswire/ -- Newmark announces it has arranged a $315 million loan on behalf of TPG Angelo Gordon, a diversified credit and real estate investing platform within TPG, and Andover Properties for the refinancing of a national 43-asset self-storage portfolio. Newmark's Co-Presidents of Global Debt & Structured Finance  Jordan Roeschlaub  and Jonathan Firestone , Vice Chairman Nick Scribani and Director John Caraviello arranged the financing, which was provided by Wells Fargo, Goldman Sachs and 3650 REIT.

Newmark Arranges $315 Million Refinancing for National Self-Storage Portfolio

The Sale Represents the Largest Multi-Tenant Trophy Office Sale on the West Coast Since 20221 SAN FRANCISCO , Oct. 23, 2024 /PRNewswire/ -- Newmark2 announces the firm advised on the sale of The Plaza at Walnut Creek, a trophy 362,399-square-foot office complex situated in San Francisco's East Bay market. The property sold for $162 million, representing the largest multi-tenant office sale on the West Coast since 2022.

Newmark Advises on $162 Million Sale of The Plaza at Walnut Creek

Blue Owl Capital

NEW YORK , Oct. 17, 2024 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading commercial real estate advisor and service provider to large institutional investors, global corporations, and other owners and occupiers, announces it served as strategic advisor to Blue Owl Capital, Inc. ("Blue Owl"), Primary Digital Infrastructure and Crusoe Energy Systems LLC ("Crusoe") in a $3.4 billion joint venture ("JV") to fund a purpose-built data center at the Lancium Clean Campus in Abilene, Texas. Newmark's Co-President of Global Debt & Structured Finance Jordan Roeschlaub , Head of Data Center Capital Markets  Brent Mayo , Co-Head of Strategic Advisory Andrew Warin  and Director of Strategic Advisory Chase Tagen  acted as the advisors for the JV.

Newmark Advises on $3.4 Billion Joint Venture on One Million-Square-Foot Texas Data Center

Kennedy-Wilson Holdings

RE/MAX Hld

Real Estate Operations industry players like NMRK, KW and RMAX are poised to gain from outsourcing real estate services and easing monetary policy.

3 Stocks to Buy on the Real Estate Operations Industry's Recovery

Conference call scheduled for the same day at 10:00 a.m. ET NEW YORK , Oct. 9, 2024  /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading commercial real estate advisor and service provider to large institutional investors, global corporations, and other owners and occupiers, today announced the details of its third quarter 2024 financial results press release and conference call.

Newmark Group's Third Quarter 2024 Financial Results Announcement to be Issued Prior to Market Open on Tuesday, November 5, 2024

Newmark Group (NMRK) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.

Why Fast-paced Mover Newmark Group (NMRK) Is a Great Choice for Value Investors

NEW YORK and MUNICH , Oct. 7, 2024 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark"), a leading commercial real estate advisor and service provider to large institutional investors, global corporations, and other owners and occupiers announces that Germany's distinguished industry leader Marcus Lütgering has joined to lead its efforts in building out the firm's German business, continuing its global strategy to hire top-tier professionals across nearly all industry verticals, asset classes and key geographies. "Germany stands as a premier global financial and industrial center, home to 50 Forbes Global 2000 20241 companies, including major banks and other financial institutions, leading manufacturers and technology companies, as well as the European Central Bank.

Newmark Expands Germany Presence, Naming Top Industry Leader Marcus Lütgering as Country Head to Drive Growth and Strategy

Ownership to unveil design concept for second building, commencing Phase II in 2025. BOSTON , Oct. 1, 2024 /PRNewswire/ -- Camber Development and Wheelock Street Capital announce the completion of Phase I at 44 Middlesex –a new, world-class advanced manufacturing campus being developed in Bedford, Massachusetts.

Boston-Based Developer Announces Completion of Phase I at World-Class Advanced Manufacturing Campus 44 Middlesex

Does Newmark Group (NMRK) have what it takes to be a top stock pick for momentum investors? Let's find out.

Newmark Group (NMRK) is a Great Momentum Stock: Should You Buy?

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The Partnership is Between Blue Owl, Chirisa Technology Parks and PowerHouse Data Centers NEW YORK , Sept. 9, 2024 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading commercial real estate advisor and service provider to large institutional investors, global corporations, and other owners and occupiers, announces it served as strategic advisor to Blue Owl Capital, Inc., Chirisa Technology Parks and PowerHouse Data Centers in a joint venture ("JV") worth up to $5 billion to develop large-scale AI/ HPC data centers across the U.S. Newmark's Co-President of Global Debt & Structured Finance Jordan Roeschlaub  and  Brent Mayo , who leads Newmark's Data Center & Digital Infrastructure Capital Markets team, acted as strategic advisor for the JV.

Newmark Advises on $5 Billion Joint Venture Partnership to Develop AI/High-Power Computer (HPC) Data Centers Across the U.S.

What Makes Newmark Group (NMRK) a Strong Momentum Stock: Buy Now?

Newmark Group (NMRK) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.

Despite Fast-paced Momentum, Newmark Group (NMRK) Is Still a Bargain Stock

RUTHERFORD, N.J. , Aug. 28, 2024 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading commercial real estate advisor and service provider to large institutional investors, global corporations, and other owners and occupiers, announces it has served as a strategic advisor to The Hampshire Companies on a $300 million recapitalization of The Fairfalls Logistics Portfolio ("Portfolio") and assisted in procuring a joint venture ("JV") equity partner.

Newmark Serves as Strategic Advisor for The Hampshire Companies on a $300M Recapitalization of the Fairfalls Logistics Portfolio

NEW YORK , Aug. 22, 2024 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading commercial real estate advisor and service provider to large institutional investors, global corporations, and other owners and occupiers, announces it has arranged a $985 million loan on behalf of Zeckendorf Development, Atlas Capital Group and The Baupost Group LLC to fund construction of 80 Clarkson, an ultra-luxury condominium development in the West Village of Manhattan in New York City. Newmark's Jordan Roeschlaub and Chris Kramer , in collaboration with Jonathan Firestone , secured the funding from Cale Street Partners and Farallon Capital Management.

Newmark Secures $985 Million Financing on Behalf of 80 Clarkson Developers in New York City

Newmark Group (NMRK) Is Attractively Priced Despite Fast-paced Momentum

PHILADELPHIA , Aug. 8, 2024 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading commercial real estate advisor and service provider to large institutional investors, global corporations, and other owners and occupiers, announces it has arranged a strategic joint venture (the "Venture") between Catalyst Healthcare Real Estate ("Catalyst"), a leading U.S. healthcare real estate development and investment firm, and Heitman, a $50 billion real estate investment management firm. Newmark also helped secure $300 million for such Venture to fund the development pipeline of purpose-built healthcare properties, including medical outpatient buildings, orthopedic centers of excellence and inpatient rehabilitation facilities.

Newmark Arranges $300M Joint Venture Between Catalyst and Heitman

Newmark is awarded a Buy rating for its EV/EBITDA multiple expansion potential. NMRK registered a +8.2% earnings beat in Q2 2024, and its management outlook implies a potential EBITDA CAGR of +17.1% for the FY 2023-2026 time frame. The market currently values Newmark at a high-single digit EV/EBITDA ratio, and I see the stock trading at a higher EV/EBITDA multiple in the teens for the future.

Newmark Group: Stock Is Undervalued Considering Its EBITDA Outlook

Newmark Group, Inc. (NASDAQ:NMRK ) Q2 2024 Earnings Call Transcript August 2, 2024 10:00 AM ET Company Participants Jason McGruder - Head of IR Barry Gosin - CEO Mike Rispoli - CFO Luis Alvarado - CRO and East Region Market Leader Conference Call Participants Connor Mitchell - Piper Sandler Jason Sabshon - KBW Patrick O'Shaughnessy - Raymond James Operator Good day, and welcome to the Newmark Group Second Quarter 2020 Financial Results. As a reminder, today's call is being recorded.

News for Newmark Group Stock (NMRK)