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Newmark Knight Frank Expands Valuation & Advisory Practice Across Texas

Houston, TX (05/03/2019)

9:00 AM

Global commercial real estate advisory firm Newmark Knight Frank (NKF) is pleased to announce the expansion of its Valuation & Advisory (V&A) practice with the addition of five new hires in the Texas/ Louisiana market territory, led by Senior Managing Directors and Market Leaders Eric Finley, MAI, SRA and David Thibodeaux, MAI. Joining the team are Dinesh Batra and Ailena DiBenedetto in Austin, Kent Cullins, MAI in Dallas and Trevor Vallejo, MAI and Kimberly Joseph in Houston. The regional V&A practice comprises four offices with 52 employees and 10 MAI designated appraisers on staff.

"The addition of these exceptionally skilled professionals will further reinforce our valuation and consulting offerings across all property types throughout the region," said Thibodeaux. "Our V&A team has a tremendous amount of horsepower in terms of talent, experience and work ethic. This strength will enable us to continue to exceed the expectations of our clients at a regional level."

Austin

Dinesh Batra joins NKF as a senior appraiser from National Appraisal Partners, LLP. He has completed more than 450 appraisal reports valuing retail centers, office buildings, industrial facilities, hotels, and special use properties in Southeast Texas.

Senior Appraiser, Ailena DiBenedetto, is a certified appraiser focusing on multifamily properties, though she also has experience appraising mixed-use commercial assets, residential subdivisions and land. DiBenedetto spent four years at CBRE, during which time she participated in the appraisal of more than 180 multifamily properties in the San Antonio and Austin metro areas. Prior to that, she spent four years at Wilson, Tindall & Associates.

Dallas

Kent Cullins brings 11 years of valuation experience to NKF, joining as a senior vice president in the Dallas office. His experience includes retail, office, industrial, multifamily, and mixed-use, among other property types. He received his MAI designation in 2015 and is one of the youngest in the US to have done so. He joins NKF from JLL Valuation & Advisory Services.

Houston

Trevor Vallejo joins NKF as a senior vice president in the Houston office. Vallejo focuses on various appraisal and consulting services including real property appraisals, right-of-way appraisals, appraisal review, specialized litigation support, and expert witness testimony. His experience extends across a wide spectrum of property types including office, retail, industrial, multifamily, mixed-use projects, self storage, residential subdivisions, land, and rural properties, as well as numerous specialty property types. He joins NKF from JLL Valuation & Advisory Services.

Analyst Kimberly Joseph joins NKF in the Houston office. Joseph has one year of experience with Merrill Lynch as a Client Associate. Prior to that, she completed her Graduate Studies in Finance from the University of Houston and her Undergraduate Studies in Economics from the University of Texas. Joseph will work with Nick Emerson, MAI specializing in valuation for litigation.

About Newmark Knight Frank
Newmark Knight Frank ("NKF"), operated by Newmark Group, Inc. ("Newmark Group") (NASDAQ: NMRK), is one of the world's leading and most trusted commercial real estate advisory firms, offering a complete suite of services and products for both owners and occupiers. Together with London-based partner Knight Frank and independently-owned offices, NKF's 16,000 professionals operate from approximately 430 offices on six continents. NKF's investor/owner services and products include investment sales, agency leasing, property management, valuation and advisory, diligence, underwriting, government-sponsored enterprise lending, loan servicing, debt and structured finance and loan sales. 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. For further information, visit www.ngkf.com.

Discussion of Forward-Looking Statements about Newmark Group
Statements in this document regarding Newmark Group 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. Except as required by law, Newmark Group 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 Group's Securities and Exchange Commission filings, including, but not limited to, any updates to such risk factors contained in subsequent Forms 10-K, 10-Q, or Forms 8-K.