Newmark Group, Inc. - (NMRK) News
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NMRK News Highlights
- For NMRK, its 30 day story count is now at 8.
- Over the past 17 days, the trend for NMRK's stories per day has been choppy and unclear. It has oscillated between 1 and 2.
- The most mentioned tickers in articles about NMRK are CBRE, CIGI and RENT.
Latest NMRK News From Around the Web
Below are the latest news stories about NEWMARK GROUP INC that investors may wish to consider to help them evaluate NMRK as an investment opportunity.
Institutional investors control 57% of Newmark Group, Inc. (NASDAQ:NMRK) and were rewarded last week after stock increased 3.9%Key Insights Institutions' substantial holdings in Newmark Group implies that they have significant influence over the... |
Ramen Shop and Two Others Sign Deals at GFP’s 322 Eighth AvenueA marketing agency, a construction firm and a ramen eatery have signed new leases and renewals in GFP Real Estate’s 322 Eighth Avenue in Midtown. In the largest deal, J Squared Group, a marketing agency, signed a seven-year deal for 5,350 square feet on the ninth floor, according to the landlord. Woodworks Construction extended its 3,825-square-foot lease on the seventh floor where it has been since 2009. |
Madewell Consolidating Williamsburg Locations on North Sixth StreetMadewell has signed a 10-year lease for 8,300 square feet on the cellar, first and second floors of 109 North Sixth Street, a building owned by a UK-based investment firm known as Mark, the landlord announced. The shop will be Madwell’s eighth in the city and will combine its two existing Brooklyn locations on the same street: 89 North Sixth Street and 127 North Sixth Street. “Luxury users are looking to come out [to Williamsburg] to acquire customers I think because the cost of digital marketing is skyrocketing,” GoodSpace’s Hank O’Donnell, who represented the landlord with Christopher DeCrosta and unidentified brokers from Open Space Realty, told Commercial Observer. |
Newmark Represents DrinkPAK in Two New Industrial Leases in Fort Worth, Totaling 2.9 Million Square FeetNewmark announces that DrinkPAK, a canned beverage manufacturer headquartered in California, has closed on two industrial leases totaling 2.9 million square feet in its expansion to Fort Worth, Texas, nearly tripling the company's real estate footprint. These leases represent the largest new industrial occupier leasing commitment completed in a single market across the U.S. this year and are projected to create 1,000 full-time jobs in the area by 2026. Additionally, the city has approved a 10-ye |
Souvenir Shop NY Gifts Signs 2K-SF Lease at 366 Fifth AvenueTourists will have yet another option for keepsakes with NY Gifts signing a 2,258-square-foot lease at Joseph P. Day Realty’s 366 Fifth Avenue, Commercial Observer has learned. Newmark (NMRK) did not disclose the length of the lease or the asking rent, but Manhattan saw average asking retail rents of about $663 per square foot in the third quarter of 2023, according to a report from CBRE. “Revitalizing this Midtown corridor is about curating the right mix of retailers that will define the character and vibrancy of the neighborhood,” Newmark’s Tyler King, who represented the landlord alongside Ariel Schuster and Joseph P. Day’s Rick Brickell, said in a statement. |
CRE Markets Poised for Growth in 2024: Newmark CEODistress in the commercial real estate market has bottomed out and conditions will soon be on the upswing as more investors from the private equity world seize opportunities to jump into the space, according to Newmark (NMRK) CEO Barry Gosin. “I think the good news is that we’re at the point where I don’t think it’s going to get worse and sequentially it’s going to get better,” Gosin said Tuesday during the Real Estate Board of New York’s (REBNY) annual commercial brokerage holiday luncheon at the The Metropolitan Club in Manhattan. Gosin said in the keynote interview, moderated by Cathy Cunningham, executive editor at Commercial Observer, that the commercial real estate market is poised for improvements as more understanding is reached on the future of cap rates after the Federal Res... |
After Golden Cross, Newmark Group (NMRK)'s Technical Outlook is BrightIs it a good or bad thing when a stock experiences a golden cross technical event? |
KSR Hires Seasoned Brokers to Expand Retail LeasingKassin Sabbagh Realty (KSR) is stacking its retail leasing bench with new hires from the likes of Newmark (NMRK), Colliers (CIGI) and an in-house broker from JTRE Holdings, Commercial Observer has learned. Barry Fishbach is joining KSR from Newmark as vice chairman while Zach Nathan and Brandon Berger are starting as managing directors, according to KSR. |
Newmark Group (NASDAQ:NMRK) investors are up 6.5% in the past week, but earnings have declined over the last three yearsInvestors can buy low cost index fund if they want to receive the average market return. But in any diversified... |
Newmark’s Incoming President of Multifamily Financing Shares Her PlansNewmark (NMRK)’s Sharon Karaffa will take on a new role as the firm’s president of multifamily debt and structured finance, effective at the start of 2024 upon the retirement of Jeff Day. Working out of Newmark’s Tysons office in McLean, Va., Karaffa will lead multifamily capital markets in partnership with Chad Lavender, the firm’s president of North America capital markets. In her new role, Karaffa will focus on market share and revenue growth, business development, and client and lender relationships, while also leading Newmark’s Fannie Mae, Freddie Mac and FHA lending platforms. |