Newmark GroupNMRK
NMRK
About: Newmark Group Inc is a commercial real estate advisory firm. It offers services, including leasing and corporate advisory services, investment sales, commercial mortgage brokerage, appraisal and valuation, project management, and property, among others. Newmark offers a diverse array of integrated services and products designed to meet the full needs of both real estate investors/owners and occupiers. The company provides real estate strategic consulting and systems integration services to CFI's clients including many Fortune and Forbes companies, owner-occupiers, government agencies, healthcare, and higher education clients.
Employees: 7,000
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
2,467% more call options, than puts
Call options by funds: $1.26M | Put options by funds: $49K
50% more capital invested
Capital invested by funds: $1.03B [Q2] → $1.56B (+$522M) [Q3]
43% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 35
40% more funds holding in top 10
Funds holding in top 10: 5 [Q2] → 7 (+2) [Q3]
33% more repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 64
6% more funds holding
Funds holding: 232 [Q2] → 247 (+15) [Q3]
0.57% more ownership
Funds ownership: 66.81% [Q2] → 67.38% (+0.57%) [Q3]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$19
46%
upside
Avg. target
$19
46%
upside
High target
$19
46%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
Goldman Sachs Julien Blouin 25% 1-year accuracy 2 / 8 met price target | 46%upside $19 | Buy Initiated | 6 Dec 2024 |
Financial journalist opinion
Based on 7 articles about NMRK published over the past 30 days
Neutral
PRNewsWire
1 week ago
Newmark Arranges $600 Million Construction Financing for 50 MW Build-to-Suit Data Center for Blue Owl, Chirisa and PowerHouse
NEW YORK , Dec. 13, 2024 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading commercial real estate advisor and service provider to large institutional investors, global corporations, and other owners and occupiers, announces the firm has arranged a $600 million loan to capitalize a 50 megawatt build-to-suit data center development by Blue Owl Real Estate, Chirisa and PowerHouse Data Centers in Northern Virginia. The financing was arranged by Newmark's Co-Presidents of Global Debt & Structured Finance Jordan Roeschlaub and Jonathan Firestone , along with Clint Frease , Nick Scribani , Ben Kroll and John Caraviello in collaboration with Brent Mayo , Head of Newmark's Data Center Capital Markets.
Neutral
PRNewsWire
1 week ago
Newmark Arranges $400 Million Financing Facility for PORT 32 Marinas
NEW YORK , Dec. 12, 2024 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading commercial real estate advisor and service provider to large institutional investors, global corporations, and other owners and occupiers, announces that the firm has arranged a $400 million credit facility for PORT 32 Marinas to refinance its existing portfolio of coastal marinas, and to fund the future acquisition of marinas. Newmark's Co-Head, Global Debt & Structured Finance Jordan Roeschlaub and Vice Chairman Chris Kramer , in collaboration with Co-Head, Global Debt & Structured Finance Jonathan Firestone arranged the financing, which was provided by the Austria-based bank, BAWAG Group.
Neutral
PRNewsWire
1 week ago
Newmark Arranges $525 Million Refinancing for Flexible Living Apartment Portfolio Operated by Sentral
First-of-its-kind single-asset, single-borrower ("SASB") transaction validates flexible apartment properties as an institutional asset class LOS ANGELES , Dec. 11, 2024 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading commercial real estate advisor and service provider to large institutional investors, global corporations, and other owners and occupiers, announces the completion of a landmark $525 million refinancing on behalf of ICONIQ Capital and Sentral: a first-of-its-kind single-asset, single-borrower CMBS loan to refinance flexible apartment properties. Newmark Co-President of Debt & Structured Finance Jonathan Firestone and Vice Chairman Bill Fishel arranged the financing, which was provided by Deutsche Bank and Goldman Sachs.
Neutral
PRNewsWire
1 week ago
Newmark Named Best Real Estate Consultant by Euromoney
Global Win Among Four Honors Worldwide NEW YORK , Dec. 10, 2024 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading commercial real estate advisor and service provider to large institutional investors, global corporations, and other owners and occupiers, has been named the world's Best Commercial Real Estate Consultant by Euromoney. The honor was among four collected by Newmark, including several in Latin America.
Neutral
PRNewsWire
1 week ago
Newmark Arranges $1.75 Billion Refinancing for Two of Fontainebleau Development's Award-Winning Florida Resorts
NEW YORK , Dec. 9, 2024 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading commercial real estate advisor and service provider to large institutional investors, global corporations, and other owners and occupiers, announces it has arranged $1.2 billion and $550 million loans on behalf of Fontainebleau Development for the refinancing of award-winning South Florida resorts Fontainebleau Miami Beach and the JW Marriott Miami Turnberry Resort & Spa, respectively. Newmark Co-Presidents of Global Debt & Structured Finance Jordan Roeschlaub and Jonathan Firestone , Vice Chairman Nick Scribani , Managing Director Tyler Dumon and Director John Caraviello secured the financing from Goldman Sachs and J.P.
Neutral
PRNewsWire
4 weeks ago
Newmark's Executive Chairman Howard W. Lutnick Nominated for U.S. Secretary of Commerce
NEW YORK , Nov. 21, 2024 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark") Executive Chairman Howard W. Lutnick provided the following statement: "I am deeply honored to have been nominated by President Donald J.
Neutral
PRNewsWire
4 weeks ago
Newmark Facilitates Sale of 427,799-SF Office Campus in Dallas' Sought-After Preston Center Submarket
Transaction Marks Largest Office Sale1 in Texas in 2024 DALLAS , Nov. 21, 2024 /PRNewswire/ -- Newmark announces it has arranged the sale of Preston Commons , a three-building, 427,799-square-foot office campus located in Dallas' coveted Preston Center submarket. Newmark Vice Chairmen Robert Hill , Chris Murphy and Gary Carr represented the seller in the transaction.
Neutral
PRNewsWire
1 month ago
Newmark Advises URW in €172.5 Million Office Sale
PARIS , Nov. 13, 2024 /PRNewswire/ -- Newmark announces the firm has advised Unibail-Rodamco-Westfield (URW) in the €172.5 million sale of the 140,846 square-foot (13,085 square-meter) office portion of Les Ateliers Gaîté, a mixed-use property in the prominent Montparnasse district of Paris. Newmark Deputy Chief Business Officer Emmanuel Frénot arranged the transaction between URW and buyers Swiss Life Asset Managers and Norges Bank Investment Management.
Positive
Seeking Alpha
1 month ago
Newmark Group: Beat-And-Raise Q3 Supports A Buy
NMRK's normalized EPS rose by +22% YoY in Q3 2024, and this was equivalent to a +11% bottom-line beat. Newmark lifted its full-year revenue and earnings guidance, and the market sees NMRK expanding its non-GAAP adjusted EPS by +22% next year. I am still rating NMRK as a Buy, as I find the stock's low teens multiple to be attractive.
Neutral
PRNewsWire
1 month ago
Newmark Advises on Sale of Iconic W Hotel South Beach
Sale Marks Largest Miami Hotel Transaction This Year NEW YORK , Nov. 5, 2024 /PRNewswire/ -- Newmark announces the more than $400 million sale of the 20-story oceanfront W Hotel South Beach in Miami, Florida. Newmark was an advisor to the seller, Tricap1.
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