Newmark Group, Inc. is a commercial real estate advisory and services company serving institutional investors, corporations, owners and occupiers across the property life cycle. News about NMRK commonly covers investment sales, debt and structured finance, industrial and logistics portfolios, healthcare and housing transactions, and strategic advisory mandates for real estate owners and capital providers.
Company updates also include quarterly financial results, dividend declarations, credit facility actions, and changes within service lines such as Global Asset Services, infrastructure capital markets, leasing, valuation, project management and property services. These developments reflect Newmark’s role in arranging property sales, acquisition financing and asset-level advisory work across established and emerging real estate markets.
Newmark (NMRK) arranged the $508 million sale of The Summit, a mixed-use retail property in Birmingham, Alabama, to Federal Realty.
Newmark represented JDJ, the privately owned retail investor selling the asset. Conor Lalor, Newmark's president and head of retail capital markets for North America, handled the representation. The 870,000-square-foot property was approximately 95% leased at the time of sale and is located at the intersection of Interstate 459 and U.S. Route 280.
Newmark (NMRK) contributed office-market research to Juicebox’s new report examining San Francisco talent searches and leasing during the first half of 2026. Software backgrounds appeared in 27% of talent searches, and the three most-searched roles were in software development or engineering.
Office leasing reached 7.9 million square feet, up 37% from the first half of 2025. At that pace, annual leasing is projected to reach 15.9 million square feet, a 30-year high. Average lease size reached 20,388 square feet, its highest level since 2019, while vacancy fell year over year in both quarters. Tech and AI expansion leasing totaled roughly 390,000 square feet, exceeding every full-year total in the dataset dating to 2019. Newmark expects further market tightening, starting with high-quality, built-out space already in short supply.
Newmark Group (NMRK) plans to announce the availability of its third-quarter 2026 financial results before market open on October 29, 2026. The advisory release is scheduled for 8:00 a.m. ET, followed by a results conference call at 10:00 a.m. ET. The full results release will be available on its investor relations and media websites; the investor relations site will also provide an investor presentation and supplemental financial tables.
Newmark (NMRK) appointed Mike Whitaker group chief information officer to oversee technology, data and information initiatives across its businesses. He will report to Chief Operating Officer Luis Alvarado and work with Chief Strategy Officer Kyle Lutnick on the company’s technology, data and information strategy. Whitaker will also join Newmark’s Executive Committee.
Current Chief Information Officer Sridhar Potineni and the technology leadership team will report to Whitaker. He also serves as group chief information officer across Cantor Fitzgerald.
Cantor Fitzgerald has appointed Eugene Gorfin chief operating officer to work with leadership across Cantor, BGC (BGC) and Newmark (NMRK).
Gorfin will oversee operations, human resources, marketing and communications, compliance, and administration. He reports to Cantor Fitzgerald Chairman Brandon Lutnick and joins its executive committee. Gorfin takes compliance oversight from Stephen Merkel and oversight of the other functions from Mike Whitaker. Merkel remains board chair of BGC and Newmark and will oversee the Cantor Fitzgerald Group’s global legal function. Whitaker remains group chief information officer and will lead Cantor Fitzgerald’s technology strategy.
Comstock (LODE) announced on September 24, 2026, that Sierra Springs Opportunity Fund engaged Newmark (NMRK) to evaluate Nevada development partners.
Comstock holds a 47.63% fully diluted interest in the fund, which owns or controls approximately 2,200 acres of land in Silver Springs through Sierra Springs Enterprises and its subsidiaries. Newmark will advise the fund on development strategy for the powered land and run a competitive request-for-proposal process to identify and evaluate prospective development and operating partners. Future updates are anticipated through the fourth quarter of 2026; no development partnership or transaction is guaranteed.
Newmark (NMRK) arranged a $482.5 million loan for Stockman Development to advance The Stockman resort in Steamboat Springs, Colorado. GoldenTree Asset Management provided the financing to Stockman Development, which is led by Marquee Development. The resort recently broke ground.
The Stockman is planned to include 95 branded residences and a 59-key hotel operated under Auberge Resorts Collection. The project is designed for direct ski-in, ski-out access to Steamboat Mountain. OZ Architecture is leading building design, while Berkshire Hathaway is leading residential sales.
Newmark (NMRK) arranged financing for Related Ross' acquisition of the 1.7-million-square-foot Boca Raton Innovation Campus in Florida.
The financing was structured by Newmark's debt and structured finance team, including Jordan Roeschlaub, Nick Scribani and John Caraviello, working with Josh King, with Ares providing the capital. The Boca Raton Innovation Campus (BRiC) is a 124-acre office and technology campus at 5000 T-Rex Avenue, originally developed by IBM and known as the birthplace of its first personal computer. The property consists of more than 1.7 million square feet across two office buildings and features amenities such as cafés, an 800-seat presentation hall, event spaces and shuttle service to the Boca Raton Tri-Rail station. Related Ross plans to maintain BRiC as an office and technology campus while pursuing a long-term vision that adds amenities, retail and restaurants, expanding its presence in Palm Beach County and entering Boca Raton.
Newmark (NMRK) advised Havas Health on a 254,118-square-foot headquarters expansion and long-term lease extension at 200 Madison Avenue in Midtown Manhattan.
The deal includes a 64,657-square-foot expansion within the building, where Havas has been headquartered for nearly 30 years. Newmark’s David Falk and Jason Greenstein represented Havas Health, while representatives from George Comfort & Sons and partners represented ownership. The 26-story, 750,000-square-foot tower has a newly renovated entrance and lobby and is adding an 11,000-square-foot amenity center. The transaction occurs amid 32.0 million square feet of Manhattan leasing year-to-date through August, with Midtown accounting for 58.5% of tenant demand.
Newmark (Nasdaq: NMRK) announced it has closed the acquisition of the Development Advisory business of Altus Group. The transaction adds approximately 335 Development Advisory professionals in North America and Asia Pacific to Newmark's Project Management business within its Occupier Solutions platform.
The acquired unit offers strategic advisory services including development feasibility, project strategy, cost and risk analysis and support for complex real estate development decisions for owners, investors and developers. This deal follows Newmark's March 2026 acquisition of Altus' Canadian Appraisal business. For the twelve months ended June 30, 2026, Newmark generated revenues of more than $3.6 billion and, as of that date, operated from over 195 offices with more than 10,000 professionals across four continents.