Newmark Group IPO Info

Company Name: Newmark Group
Stock Symbol: NMRK
Exchange: NASDAQ
Status: Priced
IPO Date: 12/15/2017
IPO Price: 14.00 (17.86%)
Underwriters
Goldman Sachs & Co. LLC, BofA Merrill Lynch, and Citigroup

Amount of Offering: N/A
Number of Shares Offered: 20 Mil
Shares Outstanding After Offering: N/A
Valuation: N/A
Company Description
Newmark is a full-service commercial real estate services business that offers a complete suite of services and products for both owners and occupiers across the entire commercial real estate industry through brands, including Newmark Knight Frank, Newmark Cornish & Carey, Apartment Realty Advisors ("ARA"), Computerized Facility Integration, and Excess Space. Newmark's investor/owner services and products include capital markets, which consists of investment sales, agency leasing, property management, valuation and advisory, diligence, underwriting and, under other trademarks and names like Berkeley Point and NKF Capital Markets, government sponsored enterprise lending, loan servicing, debt and structured finance and loan sales. Newmark's occupier services and products include tenant representation, real estate management technology systems, workplace and occupancy strategy, global corporate services consulting, project management, lease administration and facilities management. Newmark enhances these services and products through innovative real estate technology solutions and data analytics designed to enable its clients to increase their efficiency and profits by optimizing their real estate portfolio. Newmark has relationships with many of the world's largest commercial property owners, real estate developers and investors, as well as Fortune 500 and Forbes Global 2000 companies.

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