Newmark Group Inc.

07/27/2022 | Press release | Distributed by Public on 07/27/2022 05:32

Newmark Welcomes Prominent Israeli Commercial Real Estate Firm, Natam to its Global Platform

July 27, 2022, 8:00 am

New York, NY and Tel Aviv, Israel - Newmark Group, Inc. today announced a partnership with Tel Aviv-based commercial real estate firm Natam Group ("Natam"). Natam joins the Newmark family-formalizing a decade-long relationship-and will operate as Newmark Natam.

"Having worked together for many years, welcoming Natam to the Newmark platform is a natural progression of our strong relationship," said Newmark Chief Executive Officer Barry Gosin. "Newmark's global platform, resources and industry leaders, leveraged alongside Natam's multi-market foothold and expertise across Israel, amplifies service offerings for clients throughout the Middle East."

Newmark Natam, a prominent multi-service commercial real estate firm in Israel¬, is led by Chief Executive Officer, Chairman and Founder Jonathan Steinberg. Throughout its six offices-Tel Aviv, Be'er Sheva, Haifa, Herzliya, Jerusalem and Rehovot¬¬¬-Newmark Natam's 100+ professionals provide brokerage and investment advisory services, corporate services, property management, project marketing and research. Newmark Natam's blue-chip international client roster includes ARM, Autodesk, Cadence, eBay, IAI, Intuit and Oracle, among others.

"Our corporate and investment clientele continue to cross borders for real estate services wherever they look to invest and grow. Joining with Newmark offers our clients best-in-class resources and provides us the certainty of infrastructure to exceed client expectations," said Steinberg. "Moreover, as a global leader in startups per capita, Israel's office market is largely driven by the tech and life science sectors; Newmark's relationships and tech industry insights, leveraged through the firm's robust Technology and Innovation Practice Group, will be a bellwether for our multinational and capital markets clients."

About Newmark
Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries ("Newmark"), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark's comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform's global reach with market intelligence in both established and emerging property markets, Newmark provides superior service to clients across the industry spectrum. Newmark generated revenues of nearly $3.1 billion for the twelve months ending March 31, 2022. Newmark's company-owned offices, together with its business partners, operate from approximately 170 offices with 6,300 professionals around the world. To learn more, visit nmrk.com or follow @newmark.

Discussion of Forward-Looking Statements about Newmark

Statements in this document regarding Newmark that are not historical facts are "forward-looking statements" that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. These include statements about the effects of the COVID-19 pandemic on the Company's business, results, financial position, liquidity and outlook, which may constitute forward-looking statements and are subject to the risk that the actual impact may differ, possibly materially, from what is currently expected. Except as required by law, Newmark undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see Newmark's Securities and Exchange Commission filings, including, but not limited to, the risk factors and Special Note on Forward-Looking Information set forth in these filings and any updates to such risk factors and Special Note on Forward-Looking Information contained in subsequent reports on Form 10-K, Form 10-Q or Form 8-K.