Newmark Adds to Market-Leading Debt & Structured Finance Offering, Hires Industry Veteran Matt Snyder to Lead Midwest Region
Rhea-AI Summary
Newmark has strengthened its Debt & Structured Finance practice by hiring Matt Snyder as Executive Managing Director. Snyder, a 20-year debt origination veteran formerly with Mesa West Capital, will lead the Midwest region and collaborate with Vice Chairman Clint Frease to expand the company's debt business in the Central Region.
In his previous role, Snyder co-headed the Midwest and East Coast Originations teams at Mesa West Capital. His expertise spans commercial mortgage-backed securities, collateralized loan obligations, and originating various types of loans across major asset groups, including seniors housing.
Reporting to Co-Heads of Global Debt & Structured Finance Jordan Roeschlaub and Jonathan Firestone, Snyder will focus on all property types throughout the Midwest. This strategic hire follows Newmark's addition of Frease in 2024, aimed at building the debt business across Texas and the Central Region.
Positive
- Strategic expansion of debt & structured finance capabilities in the Midwest region
- Addition of senior executive with 20 years of industry experience
- Enhancement of cross-regional business opportunities through partnership with Clint Frease
Negative
- None.
News Market Reaction
On the day this news was published, NMRK declined 2.77%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
"Newmark has strategically built a Debt & Structured Finance practice stocked with talent able to deliver optimal outcomes for our clients in an evolving capital markets landscape," said Chad Lavender, President of Capital Markets,
"Matt's extensive experience and deep industry relationships further bolster Newmark's Debt & Structured Finance capabilities in the Midwest," said Jesse Van Dyke, North Central Region Market Leader. "As investor demand and capital markets activity continue to evolve across the region, adding top-tier talent like Matt enhances our ability to deliver exceptional results for clients and expand our market presence."
In his role at Newmark,
"I have had the opportunity to work with many outstanding Newmark professionals on debt placement over the past several years,"
About Newmark
Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries ("Newmark"), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark's comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform's global reach with market intelligence in both established and emerging property markets, Newmark provides superior service to clients across the industry spectrum. For the twelve months ended December 31, 2024, Newmark generated revenues of more than
Discussion of Forward-Looking Statements about Newmark
Statements in this document regarding Newmark that are not historical facts are "forward-looking statements" that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. These include statements about the Company's business, results, financial position, liquidity, and outlook, which may constitute forward-looking statements and are subject to the risk that the actual impact may differ, possibly materially, from what is currently expected. Except as required by law, Newmark undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see Newmark's Securities and Exchange Commission filings, including, but not limited to, the risk factors and Special Note on Forward-Looking Information set forth in these filings and any updates to such risk factors and Special Note on Forward-Looking Information contained in subsequent reports on Form 10-K, Form 10-Q or Form 8-K.
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SOURCE Newmark Group, Inc.