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© 2022 Observer Media · Terms · Privacy

Newmark

Newmark — formerly known as Newmark Knight Frank — is one of the world’s top commercial real estate services firms and brokerages.

The firm was founded in 1929 in Manhattan as Newmark & Company. In 1952, employee Aaron Gural and partners bought Newmark and started picking up properties around the borough, starting with 230 Fifth Avenue.

Gural’s son, Jeffery Gural, teamed up with Barry Gosin, Newmark’s chief executive as of early 2021, in 1978 and bought the company. The pair went on a buying spree around the borough — including picking up the famed Flatiron Building — and grew the company’s portfolio to more than 8 million square feet. (Gural later separated the landlord side of the business into GFP Real Estate in 2017, while Gosin remains focused on the brokerage end.)

In 2006, Newmark — also known as Newmark & Company — formed a partnership with London-based brokerage Knight Frank and became Newmark Knight Frank. With Gosin leading the efforts, Manhattan-based BGC Partners acquired Newmark Knight Frank in 2011, but it spun off from BGC in 2018. Newmark Knight Frank went public that same year.

The firm and its precursors have acquired more than 50 companies since 2011 — including the retail powerhouse RKF — and ditched the Knight Frank portion of its name in 2020 to become, simply, Newmark Group, or Newmark for short.

9179 Red Branch Road.
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Washington DC

Cortland Investing $1B in Arlington Apartment Acquisitions

By Keith Loria
477 Madison Avenue.
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New York City

FedEx Inks 2K SF at 477 Madison Avenue

By Celia Young
Finance  ·  Construction
Pittsburgh

Related and Bank OZK Provide $71M Loan for Residential Development in Pittsburgh

By Emily Fu
Property records show Kimco Realty owned the property at 11901-12089 Central Avenue in Chino, Calif.
Sales
Inland Empire

Red Mountain Adds SoCal Shopping Center

By Greg Cornfield
FDH Aero signed a 114,898-square-foot lease to take up the entire Commerce Logistics Center at 5200 Sheila Street, above.
Leases  ·  Industrial
Los Angeles

Aerospace Firm Moves to New 115K-SF Industrial Building in LA

By Greg Cornfield
Dylan Kane (right) and Zach Redding.
Finance  ·  Players
New York City

Colliers Expands NYC Capital Markets Team With Hires From B6

By Andrew Coen
The first panel titled Where Uncertainty Ends & Deals Pick Up — Tapping Into Top Strategies" featured from left: Madison Realty Capital's Josh Zegen, JPMorgan Chase's Michelle Herrick, KKR's Matt Salem, Meridian Capital Group's Ralph Herzka and Starwood Property Trust's Dennis Schuh.
New York City

Spring Financing Forum: CRE Financing Confronts Choppy Waters

By Andrew Coen and Emily Fu
Finance
National

Power Finance 2022: How was 2021 for Debt and Equity Brokers?

By Emily Fu
A rendering for The Fillmore Homes at Copperleaf.
Finance  ·  Construction
Denver

CIBC, Huntington Bank Lend $65M on Denver Area Single-Family Rental Community

By Andrew Coen
J.P. Morgan Asset Management’s Water Garden
Leases  ·  Office
Los Angeles

Amazon Signs Massive Office Leases in Southern California

By Greg Cornfield
Chatham Square
Finance  ·  Acquisition
Florida

KKR Lends $122M on Apartments Purchase Near Disney World

By Andrew Coen
141 NE 3rd Avenue.
Sales  ·  Commercial
Florida

Aby Rosen’s RFR Buys Third Biscayne Boulevard Building

By Julia Echikson
605 Third Aveue
Leases  ·  Office
Midtown

Law Firm Michelman & Robinson Inks 20K SF at 605 Third Avenue

By Celia Young
200 Varick Street. Photo: Newmark Holdings
Leases  ·  Office
New York City

Reservoir Media Relocating to 12K SF at 200 Varick Street

By Mark Hallum
Sales  ·  Technology
New York City

The Google Effect: What Happens When the Giant Moves In?

By Emily Fu
Premium
The courtyard of the new House of Showfields location.
Leases  ·  Retail
New York City

New Showfields Retail Outpost Headed to Williamsburg

By Celia Young
Premium

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July 28th 2020 Magazine Issue Cover
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