Newmark’s Post

Newmark has hired a number of leading Valuation & Advisory professionals to join its Multifamily specialty practice group, marking a significant milestone in expanding its operations in Texas, California and the Southeast. The hires include Executive Vice Presidents Victor Thomas and Jeff Taylor, Senior Vice Presidents Jeff Groff, Tim Warner, MAI and Chrissy Keith, MAI, First Vice President Scott Bates and Valuation Associates Kyle Thomas and Ashlee Kilcullen. Read more. https://nmrk.re/3WYVYKY Newmark Valuation & Advisory #Newmark #NewHires #Welcome #CRE #Valuation #Multifamily #MultifamilyRealEstate

Newmark has arranged a $985M loan on behalf of Zeckendorf Development, Atlas Capital Group and The Baupost Group LLC to fund construction of 80 Clarkson, an ultra-luxury condominium development in the West Village of Manhattan in New York City. Newmark’s Jordan Roeschlaub and Christopher Kramer Kramer, in collaboration with Jonathan Firestone, secured the funding from Cale Street Partners and Farallon Capital Management. Read more. https://nmrk.re/3yQ2Zp8 #Newmark #CRE #CapitalMarkets #RealEstateFinance #LuxuryRealEstate #PropertyDevelopment #NYCRealEstate

Lisa DeNight, Newmark Managing Director of National Industrial Research, joined CNBC's ‘The Exchange’ to discuss the effects of a potential Canadian rail strike on North American supply chains. DeNight noted that the duration will determine the severity of the impact, and previous rail strikes have been short-lived. Watch the full interview to discover how this could affect North American manufacturing sectors, and what lessons industrial occupiers have learned from recent history to make them more agile when new disruption emerges. https://nmrk.re/3Mg2xDK #Newmark #Industrial #IndustrialResearch #SupplyChain #Logistics #CRE #Manufacturing #Transportation

For eight consecutive quarters, over 100MSF of new supply has delivered in the U.S. industrial market, pushing vacancy rates from 3.5% in 2Q 2022 to 6.4% in 2Q 2024. 2Q 2024 marks the final quarter of 100MSF+ deliveries nationally as markets move past "peak deliveries.” In 2025, supply and demand are expected to come into balance. Explore an in-depth analysis of supply and demand dynamics, and much more, in Newmark’s latest U.S. Industrial Market: Conditions & Trends report. https://nmrk.re/3YSaC9b #Newmark #NewmarkResearch #CRE #Industrial #IndustrialTrends #CapitalMarkets #Leasing #EconomicOutlook

Advanced manufacturing in North America is evolving rapidly. Discover how this growing sector is transforming industrial real estate, and which key regions are driving these changes in Manufacturing Momentum, a three-part series by Newmark. Read more to stay informed on the latest supply chain, technological and governmental updates shaping the market. https://nmrk.re/3As9z5Q #Newmark #NewmarkResearch #AdvancedManufacturing #ManufacturingGrowth #IndustrialRealEstate #Industrial #Logistics #SupplyChain #RealEstateTrends

The tide has turned. Industrial fundamentals are signaling a positive market shift, both from leasing and capital markets perspectives, as the supply pipeline dipped below 400 MSF for the first time in four years and net absorption increased by 42% compared to the previous quarter. Additionally, capital markets volume grew by 14% from Q1, marking the strongest quarterly uptick since Q4 2021. Don’t miss out on these key insights and more. Sign up now to receive Newmark's latest U.S. Industrial Conditions & Trends report. https://nmrk.re/4dp0rgX #Newmark #NewmarkResearch #CRE #Industrial #IndustrialTrends #CapitalMarkets #Leasing #EconomicOutlook

Newmark 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. “The additions to our research team will allow us to provide clients with an unprecedented level of market intelligence,” said David Bitner, Executive Managing Director of Global Research. Read more. https://nmrk.re/3X4p9xt #Newmark #NewmarkResearch #NewHires #CRE #CommercialRealEstate #CREResearch #RealEstateResearch #CapitalMarkets #Retail

Strength in the Sun Belt propelled U.S. multifamily demand to nearly 162,000 units in the second quarter of 2024, outpacing new supply for the first time in nine quarters. Investment sales volume totaled $38.8 billion, representing a 20.4% year-over-year increase thanks to a flurry of large portfolio and entity transactions. Read Newmark’s 2Q24 U.S. Multifamily Capital Markets report to learn more. https://nmrk.re/4fAPOsK #Newmark #NewmarkResearch #Multifamily #CRE #CommercialRealEstate #RealEstateInvestment #InvestmentSales #RealEstateTrends

Office market contraction in Q2 2024 slowed significantly, with net absorption improving to -6.0M SF from -18.7M SF in Q1. Despite economic uncertainty, office utilization has seen marginal gains, mitigating potential large space reductions. Learn more about the evolving dynamics of the U.S. office market in Newmark’s 2Q24 U.S. Office Leasing House View report. https://nmrk.re/3WL8Ofz #Newmark #NewmarkResearch #Office #OfficeCRE #CRE #CRETrends #CommercialRealEstate #MarketTrends #OfficeLeasing

Congratulations to Newmark's President of Leasing for North America, Elizabeth Hart, and Executive Managing Director, U.S. Practice Lead, Valuation & Advisory, Helene Jacobson, on being recognized by Crain's New York Business as Notable Real Estate Leaders for 2024! Read more about our honorees and their accomplishments here: https://nmrk.re/46FApmR #Newmark #RealEstate #CRE #CRELeaders #NotableLeaders #WomenInRealEstate #Leadership #IndustryExcellence #RealEstateAwards