Newmark Hires Matt Duffy as Executive Managing Director to Co-Head its Capital Markets Strategic Advisory Group

August 6, 2024 9:00 AM

Newmark announces the hiring of Matt Duffy as Executive Managing Director to co-head its Capital Markets Strategic Advisory group alongside Andrew Warin, cementing the specialty practice group's leadership. Duffy and Warin will focus on strategic advisory and liquidity solutions, expanding client service and further enhancing Newmark's leading high-level advisory services across asset types, including residential, industrial, retail, office and alternative asset classes. Duffy, a prominent leader in real estate investment banking, brings two decades of experience arranging programmatic joint ventures, project and fund-level capital raises and entity-level transactions across various equity structures.

"Newmark is dedicated to providing the highest caliber and most holistic capital markets advisory services to our clients globally. The addition of industry veterans like Matt to our team further strengthens our ability to meet evolving market demands and consistently deliver exceptional results," said Newmark's President of Capital Markets Chad Lavender. "We're thrilled to collaborate with Matt, whose unique blend of investment banking, capital raising and advisory experience will greatly enhance our service offerings and drive continued success for our clients."

Duffy has had a heightened focus on multifamily and alternative real estate asset classes across various industries, including self-storage, manufactured housing, student housing, single-family rental and build-to-rent. Formerly helping to lead the U.S. Housing Platform & Structured Transactions Group at Eastdil Secured, Duffy has led sales, joint ventures, equity raises and capitalizations ranging from approximately $50 million to $4 billion on behalf of large public and private entities across the U.S. Based out of New York, Duffy will report to Newmark Chief Executive Officer Barry Gosin, and work closely with U.S. senior capital markets executives including Jonathan Firestone, Jordan Roeschlaub, Doug Harmon, Adam Spies, Kevin Shannon and Rob Griffin.

Newmark is strategically expanding its comprehensive suite of capital markets service offerings to meet the evolving demands of the industry, with key experts providing services across various sectors, including Brent Mayo for data centers, Jay Miele and John Nero for global healthcare services, Dean Zander for multifamily andAndrew Daitch, Steven Miscavish, Seth Barnett and Matth Kurzmann to lead Affordable Housing Advisory. Additionally, the onboarding of Duffy comes on the heels of several leadership appointments as Newmark continues to expand its capital markets capabilities broadly, including Conor Lalor as President, Head of Retail Capital Markets for North America, Firestone and Roeschlaub as Co-Presidents, Global Debt & Structured Finance, Matthew Featherstone as Head of Debt & Structured Finance United Kingdom (U.K.) & Europe and Lavender as President of Capital Markets for North America in 2023.

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 bluechip 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.

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