Newmark Group Stock Price, News & Analysis

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.

Newmark Group (NASDAQ: NMRK) has arranged a $7.1 billion construction loan for the second phase of a major AI data center project in Abilene, Texas. The loan, led by J.P. Morgan, will fund a joint venture between Blue Owl Capital, Crusoe, and Primary Digital Infrastructure. The total project value is $15 billion, creating a 1.2-gigawatt AI data center complex. The second phase includes constructing six additional buildings, bringing the total to eight buildings. Phase one, which began in June 2024, includes two buildings with 200+ megawatts and is expected to be operational by H1 2025. Phase two construction started in March 2025, with expected completion in mid-2026. Newmark previously advised on phase one's equity and debt financing.

Newmark Group (NASDAQ: NMRK) has announced a significant share repurchase agreement with Howard W. Lutnick, the current U.S. Secretary of Commerce and former Executive Chairman. The company will repurchase 10,969,523 shares of Class A common stock at $11.58 per share, totaling $127 million. This transaction is part of Lutnick's compliance with U.S. government ethics rules.

The repurchase will be executed under Newmark's existing stock repurchase authorization, leaving $244.9 million remaining. Additionally, Lutnick will transfer his Cantor Fitzgerald ownership to trusts benefiting his children, with Brandon G. Lutnick as the controlling trustee. The majority of shares (10,839,674) will close immediately, while 129,849 shares held in retirement accounts will close after the Cantor Fitzgerald transactions in Q3 2025.

Newmark (NMRK) has arranged the largest new office lease in Silicon Valley since 2023, securing a 301,163-square-foot sublease for Zscaler's new global headquarters in Santa Clara, California. The deal, located at 4301 and 4401 Great America Parkway, was led by Newmark's Vice Chairman Mike Saign and Senior Managing Director Rich Hoyt.

The new headquarters, scheduled to open in summer 2026, will support Zscaler's expansion and reinforce its position in zero trust cybersecurity. The property, situated in the Great America Parkway corridor near Levi's Stadium, offers strategic advantages including proximity to corporate neighbors and various amenities.

Harwood International and Newmark (NMRK) announce a partnership to recapitalize Harwood's office portfolio and expand its Harwood District in Dallas. The district, spanning 19 city blocks and 30+ acres, achieved record-breaking leasing activity of 342,163 square feet in 2024 with transactions valued at over $200 million. The development maintains 90% occupancy and features 8.5 acres of gardens, 20+ restaurants, and luxury amenities. Notable highlights include the upcoming Goldman Sachs project (2027), Texas Stock Exchange establishment, and strategic timing with Dallas hosting FIFA World Cup 26 matches. The district's success is attributed to its premium amenities, walkability (94 Walk Score), and architectural collaborations with renowned designers. Hôtel Swexan, awarded a One MICHELIN Key in 2024, anchors the hospitality component alongside MICHELIN-recognized dining venues.

Newmark (Nasdaq: NMRK), a leading commercial real estate advisor and service provider, announced its financial results for Q1 2025. The company, which serves large institutional investors, global corporations, and other property owners and occupiers, will discuss the results in a conference call scheduled for 10:00 a.m. ET today.

The complete financial results and quarterly dividend declaration can be accessed through the company's investor relations website at ir.nmrk.com or their media page at nmrk.com/media. Available documents include the full press release in PDF format, a quarterly results investor presentation, and supplemental Excel financial tables.

The upcoming conference call is expected to include forward-looking statements regarding the company's financial outlook and targets.

Newmark Group (NMRK) has successfully arranged a £153 million loan refinancing for a portfolio of four prime UK logistics assets. The financing was secured on behalf of Brookfield, which manages over $1 trillion in assets, and Copley Point Capital.

The 1.6 million square foot portfolio, strategically assembled during market dislocations in 2023, comprises institutional-spec warehouses across the North West, East Midlands and London regions. The properties feature long-term leases with a diverse tenant base. The funding was provided by Blackstone Real Estate Debt Strategies.

Teambridge, an AI workforce management software company, has leased approximately 18,000 sq ft of ground floor space at 612 Howard Street, a six-story commercial office building in San Francisco's historic South-of-Market district. The deal was brokered by Newmark.

The historic building, constructed in 1907, features 9,000 sq ft floor plates, original redwood beams, and hardwood floors. Recently renovated, it's strategically located 2 blocks from Moscone Center and 3 blocks from Salesforce Tower, with excellent access to public transportation including Bart, Muni, CalTrain, and Highways 101 and 280.

Tito Goldstein, Co-CEO of Teambridge, cited the building's unique layout, high ceilings, and transit accessibility as key factors in their decision. The company plans to utilize the space for headquarters operations, recruiting events, client training, and company gatherings.

Newmark Group (NMRK) has arranged the largest student housing portfolio sale in the U.S. for 2025 to date. The transaction involves five properties across Florida, Texas, Indiana, and North Carolina, totaling 1,248 units and 3,693 beds. The portfolio was sold by a joint venture between Nuveen and The Preiss Company.

The properties are strategically located near major universities with average enrollment exceeding 47,000 students, including the University of Florida, Texas State University, Indiana University, North Carolina State University, and The University of Texas at Austin. The average distance to campus is 0.87 miles, and all properties feature premium amenities.

In Q1 2025, Newmark executed over $1 billion in student housing transactions, following $1.5 billion in Q4 2024, demonstrating strong momentum in the student housing sector.