Newmark Group (NMRK) Stock News

Newmark Group (Nasdaq: NMRK), a leading commercial real estate advisor, has scheduled its second quarter 2025 financial results announcement for Wednesday, July 30, 2025. The company will release its financial results prior to market open at 8:00 a.m. ET.

A conference call to discuss the results will be held the same day at 10:00 a.m. ET. The full financial results and investor presentation will be available on the company's investor relations website. A webcast replay will be accessible from July 30, 2025, at 1:00 p.m. ET until July 30, 2026.

Newmark Group (Nasdaq: NMRK) announces that its subsidiary ExcessSpace has been selected as the exclusive real estate advisor for Jack in the Box's strategic disposition of approximately 150-200 restaurant locations, primarily in the western United States.

The assignment will be led by Executive Managing Directors Howard Goldfarb and Leo Greco, focusing on implementing strategic disposition solutions to maximize value across the portfolio. ExcessSpace, which has helped clients reduce real estate liabilities by over $6 billion, brings significant portfolio optimization expertise to this project.

Newmark Group (Nasdaq: NMRK) has successfully advised Crow Holdings on a major industrial portfolio recapitalization with Blackstone Real Estate. The transaction involves Blackstone acquiring a 95% stake in a portfolio comprising 25 Class A buildings spanning 6 million square feet across Dallas, Houston, and Chicago markets.

The deal brings together Blackstone, the world's largest real estate investor, with Crow Holdings, a leading real estate firm with $33 billion in assets under management. The transaction highlights strong investor appetite for industrial assets in high-growth U.S. markets, particularly focusing on well-located, Class A logistics spaces.

Newmark Group (NMRK) has successfully brokered a significant office lease renewal and expansion for the United Nations at 2 UN Plaza in Midtown Manhattan. The deal encompasses 425,190 square feet across 26 stories, consolidating the UN's operations previously split between 1 and 2 UN Plaza. The transaction includes a two-story retail component at 1 United Nations Plaza and comes amid a $500 million capital improvement program by the landlord. The property, situated across from UN Headquarters, will undergo major upgrades including infrastructure improvements, lobby renovations, new building systems, and enhanced security features. Newmark's team, led by Jim Saunders and Jason Perla, handled lease negotiations while Roy Abernathy oversaw workplace strategy development to align with the UN's global objectives.

Newmark Title Services has successfully managed title and escrow services for a significant $700 million recapitalization and refinancing of Nitya Capital's national multifamily portfolio. The transaction involved 18 properties across six states, comprising Class A student housing and Class B market-rate multifamily assets in high-growth markets including Dallas, Indianapolis, the Carolinas, Nashville, Phoenix, and Las Vegas. The deal was structured as a Single Asset Single Borrower (SASB) loan and required extensive coordination among multiple stakeholders. Over a dozen Newmark professionals were dedicated to managing the complex closing process, which spanned several months. The transaction showcases Newmark's integrated service capabilities and builds upon their strategic acquisition of MiT National Land Services in 2018.

Newmark Group (NASDAQ: NMRK) has successfully arranged a significant $675 million refinancing deal for Independence Plaza, a major residential complex in Manhattan's Tribeca neighborhood. The financing was secured on behalf of Vornado Realty Trust and Stellar Management. The property encompasses 1,328 residential units across three 39-story towers, totaling 1.4 million square feet, and includes townhomes, parking facilities, and retail space. The refinancing was secured through a consortium of major banks including Deutsche Bank, Wells Fargo, Bank of America, and Morgan Stanley. The transaction was led by Newmark's senior executives Jordan Roeschlaub and Nick Scribani, with support from Jonathan Firestone and John Caraviello.

Walmart's eCommerce division has secured a significant 338,307-square-foot lease at Tech Corners in Sunnyvale, California, marking Silicon Valley's largest new office lease since 2023. The Jay Paul Company-owned campus, recently enhanced with a $30 million renovation, spans 26 acres and features 957,204 square feet of office space. The LEED Platinum and Gold certified property offers modern amenities including a 22,698-square-foot fitness center, outdoor workspaces, and multiple dining facilities. The deal, brokered by Newmark executives Phil Mahoney and Mike Saign, demonstrates continued demand for premium office space in Silicon Valley's Moffett Park area. Tech Corners boasts a strategic location with VTA Light Rail access and proximity to major highways, while a new 12,000-square-foot retail addition is under development to enhance the campus further.

Newmark (NMRK) has facilitated the sale of 601 South Figueroa Street, a prominent 1,041,315-square-foot office tower in Downtown Los Angeles, for $210 million ($202 per square foot). The iconic 52-story building, known as 601 Fig or Fig at Wilshire, features a distinctive octagonal design and glass crown. The property, completed in 1990, is currently 72% leased with PricewaterhouseCoopers as the anchor tenant. Notable amenities include dual lobbies with a 75-foot atrium, modern fitness center, WiFi-enabled open-air plaza, and onsite dining options. The building's strategic location provides access to key downtown destinations including Crypto.com Arena, LA Live, and the 7th Street Metro station. Uncommon Developers acquired the property from an undisclosed seller, with the transaction supported by various Newmark executives.

Newmark (NMRK) has facilitated the sale of i|o at Playa Vista, a 306,809 square-foot creative workplace campus in Playa Vista, California, for $150.7 million. The transaction, representing the highest sale price in Los Angeles this year, involved Clarion Partners as the seller and Barings as the buyer. The two-building mixed-use campus has demonstrated strong performance with 78,000 square feet of new leasing in the past 24 months and maintained over 90% occupancy since its 2016 Gensler redesign. The property, originally delivered in 2010, features collaborative indoor/outdoor workspaces, exterior stairways, amenitized decks, and a landscaped courtyard. Its strategic location offers access to major freeways, LAX, and various amenities. The strong institutional investor interest and competitive bid process signal a recovery in the capital markets for quality office assets.