Newmark Group, Inc. - NMRK STOCK NEWS

Newmark has completed a $1.2 billion recapitalization of 50 + 60 Binney Street, two advanced life science buildings in Cambridge, Massachusetts. The properties, totaling 532,395 square feet and fully leased, are located in the Kendall Square area, a key life science hub. The transaction was facilitated by Newmark's Boston Capital Markets Group, particularly Robert Griffin, Edward Maher, Matthew Pullen, and Samantha Hallowell, representing Alexandria Real Estate Equities. Newmark generated revenues exceeding $2.5 billion for the twelve months ending September 30, 2021.

Newmark has appointed Stuart Logan as Executive Managing Director for its Valuation & Advisory practice in Europe, the Middle East, and Africa (EMEA). Logan will lead the EMEA expansion team, enhancing Newmark V&A's platform and recruiting industry specialists. This move follows a growth period for V&A, including the addition of 65 offices and 550 employees in five years. Newmark's broader global growth strategy includes significant investments in service enhancements and acquisitions.

Newmark has established its Healthcare Capital Markets Group, focusing on medical office building transactions. The group has facilitated $5.3 billion in joint ventures, sales, and financings year-to-date. Led by experienced professionals, the group has generated significant activity, including over $2.65 billion in equity partnerships and $2.12 billion in investment sales and recapitalizations. Key transactions include recapitalizations of multiple medical office portfolios and a national healthcare portfolio financing. Newmark continues to expand its reach in the healthcare real estate sector.

Newmark Group (Nasdaq: NMRK) will host a webcast presentation for investors and analysts on December 7, 2021, at 10:00 AM ET. The event will cover the Company's financial results, operations, and 2021 outlook, along with targets for 2025. A PDF of the investor presentation will be available for download. The session includes a Q&A and concludes around 11:30 AM ET. Interested parties can register at Newmark's investor relations website, where a replay will be available after the event.

Newmark Group (Nasdaq: NMRK) will host a virtual investor presentation on December 7, 2021, starting at 10:00 AM ET. The event will cover updates on financial results, operations, and the 2021 outlook, alongside targets for 2025. A Q&A session will follow, concluding around 11:30 AM ET. Interested participants should register in advance on Newmark's investor relations website.

The replay will be available online for 365 days.

The Preiss Company has acquired The Collective at Lubbock, a student housing complex with 847 beds, located near Texas Tech University. The acquisition, financed by Newmark with a senior loan featuring a 5-year, interest-only term at under 2% interest, is part of a strategic expansion into Texas. A multi-million capital improvement project is set to commence in Spring 2022, aiming to upgrade common areas and enhance overall resident experience over three years. This marks TPCO's 14th asset in Texas, expected to leverage economies of scale.

Newmark Group, Inc. (NASDAQ: NMRK) reported its financial results for Q3 2021, with revenues exceeding $2.5 billion for the trailing twelve months ending September 30, 2021. The company is a leader in commercial real estate, operating over 160 offices globally with around 6,200 professionals. A conference call is scheduled to discuss forward-looking statements regarding the company's financial outlook. For more details, the complete press release is available online.

Newmark Group, Inc. (NASDAQ: NMRK) will hold a webcast presentation for investors and analysts on December 7, 2021, from 10:00 AM ET to 11:30 AM ET. The event will feature management discussing financial results, operations, and future outlook. The presentation can be accessed via the Investor Relations section of the company's website. A replay will be available within 24 hours post-event. Newmark reported revenues over $2.2 billion for the 12 months ending June 30, 2021, with a global team of approximately 6,200 professionals.

Newmark Group, Inc. has expanded its International Capital Markets (ICM) group by hiring Frederick Wong and Joseph Morris as Executive Managing Directors for the Asia Pacific and Middle Eastern regions, respectively. This move is part of Newmark's strategy to enhance its global reach in commercial real estate services, supporting over $40 billion in transactions with offshore investors in the last five years. Wong, based in Hong Kong, brings over 20 years of experience while Morris, based in Dubai, has over 18 years in real estate capital markets.