Newmark Group, Inc. (NASDAQ:NMRK) was founded in 1929 and is headquartered in New York City, New York, USA, with 4,600 full-time employees (9/30/2017). It is a leading global commercial real estate consulting company, providing Commercial real estate/real estate services, is a subsidiary (affiliate, or affiliate) of Cantor Fitzgerald, LP (Contor Fitzgerald).
Newmark Group (NMRK):
Newmark is a fast-growing, high-profit, full-service commercial real estate service company that provides a full range of services and products for owners and residents in the entire commercial real estate industry. Since 2011, Newmark was acquired by Nasdaq-listed BGC Partners . The company has been the fastest growing commercial real estate service company with a compound annual growth rate of 39%.
Newmark Group’s investor/owner services and products include: capital markets (including investment sales, debt and structured financing, and loan sales), agency leasing, property management, valuation and consulting, underwriting, and government sponsored enterprises (GSE) Loans and loan services.
Newmark Group’s tenant services and products include tenant representatives, real estate management technology systems, workplace and occupancy strategies, global corporate service consulting, project management, lease management and facility management.
Newmark strengthens these services and products through innovative real estate technology solutions and data analysis, enabling the company’s customers to improve efficiency and profit by optimizing the real estate investment portfolio. The company has a close relationship with many of the world’s largest commercial real estate owners, real estate developers and Investors and Fortune 500 and Forbes Global 2000 companies have partnerships. Newmark assists customers in transactions, with a total transaction value of more than 77 billion US dollars.
So far, the main growth of Newmark Group has come from the North American market. The company has more than 4,600 employees and 120 offices in 90 cities. Since 2011, the company has completed more than 35 supplementary and value-added acquisitions, effectively expanding the company’s product and service capabilities and geographic coverage. Newmark Group plans to continue to actively expand to include markets outside North America, and the company believes it can beneficially execute its full-service and integrated business model products.
With the acquisition of Berkeley Point Financial LLC in the third quarter of 2017, a leading commercial real estate finance company focused on initiating, servicing and selling multi-family loans through government-funded and government-funded loan programs-Newmark Group believes that the company is Prepare for sustained growth and value creation. The company expects that the combination of Berkeley Point and ARA (Newmark’s top three multi-family investment sales businesses) will create significant growth on its platform and become a strong profit margin and profit driver.
Newmark Group’s revenue is widely distributed (highly diversified) among various service projects and customers. The top ten customers accounted for less than 7% of revenue in 2016. The company also achieved industry-leading growth. During the 12 months ended December 31, 2017, compared with the year ended December 31, 2011, the company’s revenue increased by approximately 560%, with a compound annual growth rate of 39%. More than 40% of these increases are due to the organic growth of the company’s business, and the rest comes from acquisitions. In the first nine months of 2017, Newmark Group continued to maintain industry-leading growth, with a turnover of US$1.14 billion, an increase of 18% over the same period in 2016.
Newmark Group (NMRK) investment:
Newmark Group, Inc. (NASDAQ:NMRK) submitted its IPO prospectus on 10/23/2017, and listed on NASDAQ on 12/15/2017. The issue price is US$19.00-22.00, and the actual issue price is US$14. , Issued 20 million shares, raised 280 million US dollars, stock code: NMRK.