Newmark Group Inc.

09/03/2024 | Press release | Distributed by Public on 09/03/2024 07:30

Newmark Hires Industry Veteran Jesse Van Dyke as North Central Region Market Leader

September 3, 2024 9:00 AM

Newmark announces industry veteran Jesse Van Dyke has joined the firm as Executive Vice President and North Central Region Market Leader. In his new role, Van Dyke will be responsible for strategic oversight for the Chicago, Minneapolis, Milwaukee and Detroit offices, where he will focus on further enhancing revenue growth, client relations, top talent recruitment and business development.

"With its strategic location and collection of diverse economies, the Midwest continues to demonstrate its position as an opportune market with an abundance of growth potential across the commercial real estate spectrum," said Luis Alvarado, Chief Revenue Officer and East Region Market Leader. "Jesse's extensive track record as a top producer in tenant representation, leading an in-house real estate team, and experience in development, provides him with unique insights into our clients' needs. We anticipate that this will further elevate our service offerings in an increasingly competitive market."

Van Dyke recently played a key role in the acquisition strategy for the site of Citadel's future Global HQ development in Miami. He has also served previous stints at Sterling Bay, wework, JLL and CBRE.

"Newmark is growing faster than any other real estate firm thanks to its commitment to top talent, innovative resources and client service," said Van Dyke. "The opportunity to lead the talent and successful teams in Newmark's Midwest offices is an exciting one, and I can't wait to get started."

Van Dyke's first day will be Tuesday September 3.

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 year ended December 31, 2023, Newmark generated revenues of approximately $2.5 billion. As of June 30, 2024, Newmark's company-owned offices, together with its business partners, operate from approximately 170 offices with 7,800 professionals around the world. To learn more, visit nmrk.com or follow @newmark.

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.