Newmark Group Inc.

24/07/2024 | Press release | Distributed by Public on 24/07/2024 17:26

Newmark Hires Erik Anderson as Senior Managing Director Specializing in Multifamily Investment Sales in San Diego

July 24, 2024 9:00 AM

Newmark[1] announces that Erik Anderson has joined the firm as Senior Managing Director. Anderson specializes in multifamily investment sales for major private clients and middle-market investors throughout Southern California and is based in the San Diego office.

"Erik's arrival on the heels of Dean Zander joining the firm, underscores our commitment to bolstering Newmark's multifamily service offerings in the West as well as attracting and retaining top-tier talent," said Chad Lavender, President of Capital Markets for North America at Newmark.

"We are thrilled to welcome Erik to Newmark. His extensive experience and exceptional track record in multifamily investment sales will aid in further accelerating Newmark's multifamily growth," said Nick DiPaolo, Executive Vice President, Regional Managing Director, Southwest Market Leader at Newmark.

With nearly a decade in the industry, Anderson has completed transactions valued at more than $500 million. Prior to joining Newmark, Anderson held senior positions at Northmarq and CBRE where he consistently received top producer recognition. As an active industry member, Anderson served on the Developing Leaders board for NAIOP San Diego and is a member of ULI and NMHC.

Anderson will report to DiPaolo, and partner with Newmark San Diego Capital Markets professionals Rick Reeder, Brad Tecca, Brunson Howard and Tanner Harris.

"I look forward to leveraging Newmark's extensive resources and collaborative platform to best serve my clients and in turn, contribute to the firm's continued success in the Southern California market," said Anderson.

[1] Dba Newmark Knight Frank in California

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 March 31, 2024, Newmark's company-owned offices, together with its business partners, operate from approximately 170 offices with 7,600 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.