Results

Newmark Group Inc.

08/14/2024 | Press release | Distributed by Public on 08/14/2024 07:01

Newmark Adds to Market-Leading National Research Team, Hiring Capital Markets and Retail Specialists

August 14, 2024 9:00 AM


Newmark announces that it has hired Joseph Biasi and Brandon Isner as Head of Research for Commercial Capital Markets and Retail, respectively, further amplifying the firm's highly regarded team of research experts. Biasi and Isner will work closely with David Bitner, Executive Managing Director of Global Research, to provide forward-looking, innovative analysis and insights for the company.

"The additions to our research team will allow us to provide clients with an unprecedented level of market intelligence," said Bitner. "Joe and Brandon ask the right questions, understand real estate dynamics deeply and are both independent thinkers, which we're always seeking out for our team."

"As Newmark continues to expand as a top producer in the industry, having the most advanced knowledge of the market allows our team of Capital Markets professionals to provide reliable and differentiated guidance on market trends," added Chad Lavender, President of Capital Markets for North America. "Newmark prides itself on having the most innovative and talented professionals in every vertical in the marketplace, and Joe and Brandon further elevate the capabilities of our team."

Based in Newmark's Boston office, Biasi will leverage his experience advising large institutional clients with his analytics and coding proficiency to find deeper, data-driven insights in the market. With a decade of experience researching and analyzing financial and real estate markets, Biasi previously led research for the Credit Risk Analytics Team at CoStar Group, where he used his knowledge of advanced metrics to provide expert advice for the sales team and guide product development.

Isner, based out of Newmark's Cleveland office, is renowned as a leading retail thought leader, leaning on both his experience working with advisors and clients, as well as his educational background in urban studies and urban planning. He joins after working most recently as Head of Retail Research for CBRE.

"The retail world is always changing and evolving, so being able to add a leading voice like Brandon's to our team will allow us to be on the cutting edge of where retail is today and where it's headed," said Conor Lalor, Newmark President of Retail Capital Markets. "Brandon has demonstrated that he possesses a viewpoint supported by data as well as a unique understanding of retail leasing. To have those insights is incredibly valuable."

"Successful retailers and retail investors look to our team to provide the most insightful data and analysis as they strategically plan their next moves, so the addition of Brandon is vital as we further strengthen our ability to provide them with that intelligence," added Mark Masinter, Newmark Chairman of Global Retail Services.

The commitment to a dedicated research leader for Capital Markets and Retail is another milestone as Newmark continues to expand its offerings across the globe. Demonstrating its commitment to its Capital Markets business, Newmark has added New York City's leading Capital Markets team, launched a Data Center and Digital Infrastructure practice group, acquired London-based Capital Markets giants BH2 and appointed Matthew Featherstone to head up debt for the United Kingdom and Europe. Further, Newmark continues on its trajectory towards becoming the most knowledgeable, well-connected retail advisory firm in the U.S. and beyond, having recently hired Lalor to build out Retail Capital Markets for North America, Jay Booth to lead its Valuation & Advisory retail business, as well as the acquisition of renowned retail advisory business, Open Realty in 2022.

Newmark's Research team is highly regarded for its robust quarterly industry reports, market snapshots and in-depth white papers that provide fresh perspectives on trends and historical data. Recent reports include: When It Rains, It Ports: Supply Chain Disruptors to Influence Industrial Market Activity in H2 2024; Manufacturing Momentum: Scaling for Success in Key Markets; and Debt Dilemmas: Record Corporate Maturities May Impact Industrial Demand.

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.