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.

Newmark is trading at a single digit multiple with a long runway for growth as they expand their international presence. Variable cost structure allows them to weather challenging market environments.

Newmark: Undervalued But Far From A Clean Story

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NEW YORK , Aug. 30, 2022 /PRNewswire/ -- Newmark has arranged a $260 million loan on behalf of RXR for the refinancing of 75 Rockefeller Plaza ("75 Rock"), a mixed-use office and retail tower located in the Plaza District of Midtown Manhattan, New York. The Newmark team was led by Vice-Chairmen and Co-Heads of the Debt & Structured Finance team, Jordan Roeschlaub and Dustin Stolly, along with Senior Managing Director Nick Scribani.

Newmark Facilitates $260 Million Financing of Iconic Plaza District Office Building in Midtown Manhattan

The financing is one of Greater Boston's first "green loans" and among $4+ billion in recent and active life science transactions by Newmark's Boston Debt & Structured Finance group BOSTON , Aug. 1, 2022 /PRNewswire/ -- Newmark announces the arrangement of $514 million in construction financing for Phase I of Assembly Innovation Park, a 485,000-square-foot life science tower that is under development by BioMed Realty in Somerville, Massachusetts. Newmark Executive Managing Directors David Douvadjian, Sr.  and Timothy O'Donnell , Senior Managing Director Brian Butler , Managing Director David Douvadjian, Jr.  and Associate Conor Reenstierna  of the firm's Boston Debt & Structured Finance group represented the borrower.

Newmark Arranges $514 Million in Construction Financing for Phase I of Assembly Innovation Park in Somerville, Massachusetts

Newmark Group, Inc. (NASDAQ:NMRK ) Q2 2022 Earnings Conference Call July 29, 2022 10:00 AM ET Company Participants Jason McGruder - Head, IR Barry Gosin - CEO Michael Rispoli - CFO Jeffrey Day - Chief Strategy Officer and President & Head, Multifamily Capital Markets Conference Call Participants Chandni Luthra - Goldman Sachs Group Alexander Goldfarb - Piper Sandler & Co. Jade Rahmani - KBW Patrick O'Shaughnessy - Raymond James & Associates Operator Greetings, and welcome to the Newmark Group Second Quarter 2022 Financial Results Call. [Operator Instructions].

Newmark Group, Inc. (NMRK) CEO Barry Gosin on Q2 2022 Results - Earnings Call Transcript

Newmark Group (NMRK) delivered earnings and revenue surprises of 15% and 7.61%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Newmark Group (NMRK) Q2 Earnings and Revenues Beat Estimates

Conference Call to Discuss Results Scheduled for 10:00 a.m. ET Today NEW YORK , July 29, 2022 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading full-service commercial real estate business, today reported its financial results for the quarter ended June 30, 2022.

Newmark Group, Inc. Reports Second Quarter 2022 Financial Results

NEW YORK , July 28, 2022 /PRNewswire/ -- Newmark announces it has arranged $200 million of Shariah-compliant financing for a medical office building portfolio on behalf of a joint venture between Dallas, Texas-based Big Sky Medical ("Big Sky") and GFH, a leading institutional investor based in Bahrain with a global portfolio of investments. Earlier this year, Newmark assisted in arranging the joint venture, which was seeded by a $400+ million medical office portfolio aggregated by Big Sky over the past 12 months.

Newmark Arranges $200 Million Shariah-Compliant Medical Office Portfolio Financing for Joint Venture Between Big Sky and Bahrain-Based GFH

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NEW YORK , July 15, 2022 /PRNewswire/ -- Newmark has arranged $175 million in capitalization to facilitate the acquisition and renovation of 45 East 53rd Street ("Park 53"), a premier office building located in the Plaza District of Midtown Manhattan, by a joint venture formed between ZG Capital Partners and Rialto Capital Management. The Newmark team was led by Vice-Chairmen and Co-Heads of the Debt & Structured Finance team Dustin Stolly  and Jordan Roeschlaub  with Senior Managing Director Daniel Fromm.

Newmark Facilitates $175 Million Joint Venture Capitalization of Premier Boutique Plaza District Office Building

Conference call scheduled for the same day at 10:00 a.m. ET NEW YORK , July 13, 2022 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading full-service commercial real estate services business, today announced the timing of its second quarter 2022 financial results press release and conference call.

Newmark Group's Second Quarter 2022 Financial Results Announcement to be Issued Prior to Market Open on Friday, July 29, 2022

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NEW YORK , July 12, 2022 /PRNewswire/ -- Newmark arranged the financing of Manhattan's most anticipated luxury waterfront residential development, and the last remaining block at St. John's Terminal in Manhattan's West Village. The joint venture—Zeckendorf Development ("Zeckendorf"), Atlas Capital Group ("Atlas") and The Baupost Group—secured a $322 million financing package from Blackstone.

Newmark Secures Financing for Joint Venture's Planned $1.25 Billion, Generational West Village Condo Development

Three GMP Buildings in Fremont, California Acquisition Executes on Firm's Growth in Specialized Asset Class CHARLOTTE, N.C. , June 28, 2022 /PRNewswire/ -- Barings, one of the world's largest diversified real estate investment managers, announced today its acquisition of a portfolio of three life science assets totaling 228,025 square feet in Fremont, California from Angelo Gordon & Company.

Barings Acquires Bay Area Life Science Portfolio

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Rumors of Cushman-Newmark marriage were always bogus: sources

NEW YORK , June 27, 2022 /PRNewswire/ -- Newmark Group, Inc. ("Newmark") is ranked #1 on LinkedIn's 2022 'Top Companies in Real Estate' list. The list is part of LinkedIn's 'Top Companies: Industry Edition', ranking the 25 top companies at which to grow a career in nine major U.S. industries.

Newmark Ranks #1 on LinkedIn's 'Top Companies in Real Estate' List

Newmark Group (NMRK) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Newmark Group (NMRK) Moves 7.6% Higher: Will This Strength Last?

Transaction Marks Largest Single-Asset Investment Office Sale in Silicon Valley History1 SAN FRANCISCO , June 13, 2022 /PRNewswire/ -- Newmark2 announces it has completed the sale of Moffett Green, a recently renovated trophy campus in Sunnyvale, California. The campus comprises four Class A office buildings, which total 719,037 square feet and are fully leased, handled by Newmark on behalf of Moffett Green, to Meta Platforms, Inc ("Meta") on a long-term basis.

Newmark Completes Sale of Moffett Green, Fully-Leased Trophy Campus in Silicon Valley

NEW YORK , May 31, 2022 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading full-service commercial real estate business, today announced that Jeff Day, the Company's Chief Strategy Officer and President, Head of Multifamily Capital Markets, participated in a panel at the 2022 KBW Virtual Real Estate Finance & Technology Conference on May 26, 2022. While the live webcast of the panel - titled "Commercial Real Estate & Rising Interest Rates" - was only open to KBW clients, a replay is now available at Newmark's investor relations website, ir.nmrk.com.

Newmark Group Participated in the KBW Virtual Real Estate Finance & Technology Conference

TA Realty and operating partner, Wilder, acquire nine premier shopping centers totaling 729,437 square feet across the greater Boston and Providence areas BOSTON , May 18, 2022 /PRNewswire/ -- Newmark announces the $390 million sale of nine grocery-anchored shopping centers located across Greater Boston, Massachusetts and Providence, Rhode Island. Newmark Co-Head of U.S. Capital Markets Robert Griffin , Vice Chairman Geoffrey Millerd and Managing Directors Jonathan Martin and Paul Penman , all of the firm's Boston Capital Markets Group, represented the seller and procured the buyer, TA Realty.

Newmark Completes $390 Million Sale of Grocery-Anchored Retail Portfolio in Massachusetts and Rhode Island

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Barings and Schnitzer West Developed the Next-Generation Office Tower, Completed in 2017 Newmark Group Brokered the Transaction, the Largest U.S. Multi-Tenant Office Sale YTD CHARLOTTE, N.C. and SEATTLE , May 17, 2022 /PRNewswire/ -- Barings, one of the world's largest diversified real estate investment managers, and Schnitzer West , one of the West Coast's leading real estate investment, development, and property management companies, announced today the $730M sale of Seattle's Madison Centre to Boston Properties, Inc. (NYSE: BXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States.

Barings and Schnitzer West Complete Sale of Seattle's Madison Centre to BXP for $730M

NEW YORK , May 9, 2022 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading full-service commercial real estate business, today announced that its Chief Financial Officer, Michael Rispoli, is scheduled to participate in investor meetings at the Wolfe Research Virtual Broker Conference on Tuesday, May 10, 2022. In addition, other senior leaders of the Company will participate in commercial real estate panels as part of the same event.

Newmark Group to Participate in Wolfe Research Virtual Broker Conference

NEW YORK and DALLAS , May 3, 2022 /PRNewswire/ -- Newmark Group, Inc. (NASDAQ: NMRK) ("Newmark") announces the acquisition of industry-leading North American retail real estate advisory firms Open Realty Advisors and Open Realty Properties ("Open Realty"). Open Realty will join Newmark's Retail Services business line with an extensive national and global top-tier client roster, and its founders will assume significant leadership roles to expand Newmark's global retail footprint.

Newmark Acquires Renowned North American Retail Advisory Business, Open Realty

Newmark Group, Inc. (NASDAQ:NMRK ) Q1 2022 Earnings Conference Call April 29, 2022 10:00 AM ET Company Participants Jason McGruder – Head, Investor Relations Barry Gosin – Chief Executive Officer Mike Rispoli – Chief Financial Officer Jeff Day – Chief Strategy Officer Lou Alvarado – Chief Revenue Officer Conference Call Participants Alexander Goldfarb – Piper Sandler Chandni Luthra – Goldman Sachs Jade Rahmani – KBW Patrick O'Shaughnessy – Raymond James Operator Good morning, and welcome to Newmark's First Quarter 2022 Financial Results Conference Call. At this time, all participants will be in a listen-only mode.

Newmark Group's (NMRK) CEO Barry Gosin on Q1 2022 Results - Earnings Call Transcript

Newmark Group (NMRK) delivered earnings and revenue surprises of 50% and 1.30%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

News for Newmark Group Stock (NMRK)