A Comprehensive Guide to Newmark Group's Valuation

A joint venture partnership between Certes Partners and The Hakimian Organization has secured a $68.5 million debt package to refinance a multifamily asset in East Harlem, Commercial Observer can first report. MF1 Capital provided the loan on the sponsorship’s 113-unit The Reserve property at 212 East 125th Street, which opened this year. Newmark (NMRK) arranged the transaction with a team led by Jordan Roeschlaub, Dustin Stolly, Daniel Fromm and Darian Cook.

Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading commercial real estate adviser and service provider to large institutional investors, global corporations, and other owners and occupiers, announces the launch of NewliticQuest. Bringing together Newmark's expertise in real estate, technology and consulting onto a single platform, NewliticQuest offers accelerated insights to develop strategic and tactical recommendations, inform business case development and achieve optim

Newmark has landed a retail brokerage team led by two veterans with expertise in Boston neighborhoods including Back Bay and the Seaport District. "I would say very broadly that the retail market in Boston is as strong as I've seen it in the 21 years I've been doing this in Boston," a group leader said.

Insurance brokerage Howden Tiger renewed and expanded its offices at SL Green Realty’s 1350 Avenue of the Americas. Howden Tiger added an extra 18,629 square feet as part of its 10-year renewal for a total of 31,916 square feet on the 34th floor and penthouse of the 35-story building, according to the landlord. Asking rent was $90 per square foot.

Bridgeton Holdings has sealed a $60 million debt package to refinance its boutique hotel in Manhattan’s Tribeca neighborhood, Commercial Observer has learned. Riyad Bank supplied the loan on Walker Hotel Tribeca, which opened in 2020 following its conversion from office use. Newmark (NMRK) arranged the transaction with a team led by Jordan Roeschlaub, Dustin Stolly, Nick Scribani, Chris Kramer and Tyler Dumon.

Newmark (NMRK) shocked the real estate world in February when it announced it lured superstar investment sales brokers Doug Harmon and Adam Spies, along with their team, from Cushman & Wakefield. The news was long in the works — Newmark CEO Barry Gosin tried unsuccessfully to hire them in 2016 — but the wait was worth it as they almost immediately landed the $60 billion Signature Bank loan portfolio sale mandate after joining Newmark. This week, Commercial Observer dove into all the moves Newm...

Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading commercial real estate adviser and service provider to large institutional investors, global corporations, and other owners and occupiers, announces it served as the Co-Lead Advisor to Blackstone Real Estate Income Trust, Inc. ("BREIT") on its sale of Simply Self Storage ("Simply") to Public Storage for $2.2 billion. Newmark's Capital Markets National Self Storage practice leader Vice Chairman Aaron A. Swerdlin and team a

The headwinds it’s faced for more than a year now — from interest rate uncertainty, to a loan maturity wave, to office sector woes — continue to howl, sending several firms running for cover. Barry Gosin, the firm’s CEO, sits back in his chair at 125 Park Avenue as he reflects on his firm’s recent wins during an extraordinarily difficult and uncertain market period. “Look,” Gosin said.

Newmark (NMRK) has named Carolyn Bates as its new regional research director for the mid-Atlantic region. “There is a lot of fresh and energizing new leadership here,” Bates told Commercial Observer. “In an industry not historically known for its diversity, we have two women at the helm of the mid-Atlantic region, including Allison DiGiovanni, who is leading and growing the DMV markets.”