December 19, 2022 at 9:00 am Newmark Valuation & Advisory announces the launch its Litigation Support & Consulting Practice and names Raymond Cirz MAI, CRE its practice leader. Cirz will be responsible for the Litigation Support & Consulting Practice, strengthening and expanding client relationships, and developing new business growth opportunities. Cirz, based in New York City will continue to work with Matthew S. Krauser, FRICS, to provide strategic consulting services across all types of commercial real estate assets for some of the most prominent attorneys, corporations and governmental agencies in the country, as well as tenants and owners throughout the Tri-state New York area. Jacobson stated, "With Ray leading the new Newmark V&A line of business, this practice deepens and continues to establish our team's status as the go-to experts from coasts to coast." Newmark V&A's litigation support service is distinguished by its team of expert witnesses who have a proven track record in courtrooms. The National Practice includes 13 litigation appraise specialists who are qualified in many U.S. courts and panels, including the U.S. Bankruptcy Court and U.S. District Courts, as well as numerous state superior and tax courts, American Arbitration Association, condemnation boards and planning boards/boards or adjustments. These professionals have produced landmark results in a wide range of cases, including portfolio valuations and ground rent determinations. Cirz stated, "I am thrilled to guide the natural evolution in litigation support services within Newmark V&A." "After years of leading the New York Tri-State area with Matt in this discipline, formalizing our approach will allow us to help our public and private partners holistically and collaboratively, and produce beneficial results for our clients," said Cirz. Newmark V&A is a cross-divisional firm that uses a centralized approach to strategic value. The deftly leveraging of technology and a large and expanding group of asset-class specialists and professionals has helped to propel the practice group to prominence. About Newmark Newmark Group, Inc., (Nasdaq : NMRK), and its subsidiaries ("Newmark") are a global leader in commercial real property. They seamlessly manage every stage of the property's life cycle. Newmark offers a comprehensive range of services and products that are tailored to every client. This includes owners, occupiers and investors, founders and entrepreneurs, as well as startups and blue-chip businesses. Newmark offers superior service across all industry sectors by combining its global reach and market intelligence in established and emerging markets. Newmark's revenues for the 12 months ended September 30, 2022 were approximately $3.1 billion. Newmark's company-owned office, along with its business partners operate out of approximately 180 offices worldwide with almost 6,700 professionals. Visit nmrk.com for more information or follow URL. Discussion of Forward-Looking statements about Newmark. Statements made in this document that relate to Newmark but are not historical facts are "forward looking statements". These statements involve risks and uncertainties that could lead to actual results that differ from the statements. These statements include statements regarding the impact of the COVID-19 pandemic upon the Company's business results, financial position, liquidity, outlook and other matters. They may be forward-looking statements. There is a risk that the actual effect could differ materially from what was expected. Newmark does not have a duty to make any forward-looking statements, except as required by law. Additional risks and uncertainties could lead to actual results that differ from those stated in forward-looking statements. For more information, refer to Newmark's Securities and Exchange Commission filings. This includes, but is not limited to, the Risk Factors and Special Note On Forward-Looking Information set out in these filings and any updates. Original Link Original Document Permalink Attachments
Disclaimer: This content was published by Newmark Group Inc. on December 19, 2022. It is the sole responsibility of all information contained within. Published by Public at 21:04:07 UTC.
2 776 M--- Net income 2022 13 M--- Net debt 2022 811M -- P/E ratio 20,22 14,8x Yield 20022 1,26% Capitalization 1 359M 1 359M - E/S 2022 0,78x E/S 2023 0,93x Nbr Employees 5 200 Free Float 62.5% Chart NEWMARK GROUP INC.
Duration: Auto. 2 months 3 months 6 month 9 months 1 year 2years 5 years 10 years max. Average target price 9,75$ Spread / Mean consensus HOLD Average analyst Price 5, Last Close Price 7,91$