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Newmark is pleased to announce that it has hired three new professionals to augment its Houston, Texas office. All coming from Savills-Studley, Vice Chairman Mark Russell, Executive Managing Director Steve Biegel, and Executive Managing Director Jay Bonano have a combined 100+ years of experience. The Houston-based team will begin lending their expertise to Newmark’s operations effective immediately. The hires will further grow Newmark’s full-service platform in Texas’ four key markets, complementing the firm’s ongoing dynamic, domestic growth.
The team has completed millions of square feet of complex transactions, and applies their diverse backgrounds in leasing, acquisitions, dispositions, construction, development, project management, asset management and commercial real estate law to provide first-in-class tenant representation services. The new team will fortify Newmark’s already-solid presence in the Texas market, and will be an invaluable addition to the Newmark platform. In a rapidly changing world, Newmark will provide this high-powered team with the necessary information and technology resources to enhance their capabilities and ability to serve their clients.
Especially given the recent, tragic events surrounding Hurricane Harvey, it was important to the entire team to join a firm with a charitable culture. Newmark’s recent $10 million donation to the victims of Hurricane Harvey especially resonated with the Houston-based group, as they have all supported various charities and made contributions on an individual basis in light of the disaster. Newmark and its family of companies have a proven track record of supporting various charitable efforts, and their compassionate mindset played a role in these recruitments.
“We are truly looking forward to making a big splash with Newmark,” said Russell. “Its national platform will be an asset to our entire team, and will provide us with depth and resources that we did not previously have. We have all been a part of this business for a long time, and are ecstatic to be starting this new chapter in our careers at the firm.”
“Newmark bringing aboard the members of this team is an important development for the continued growth of our Houston office,” said President, Texas Regional Manager and Vice Chairman Neal B. Golden. “The team’s hiring is a reflection of the firm’s commitment to offering best-in-class, comprehensive real estate advisory services to clients. We look forward to utilizing their expertise in a wide range of areas.”
“Hiring the members of this team is yet another step in the expansion of our platform,” said Newmark Chief Executive Officer Barry Gosin. “As we build upon our presence in essential markets across the country, this senior team will add to our deep bench of talent in Texas and beyond. We are thrilled to have them join the Newmark family and know they will be an excellent fit for our unique culture.”
About Newmark
Newmark is one of the world’s leading commercial real estate advisory firms. Together with London-based partner Knight Frank and independently-owned offices, Newmark’s 15,000 professionals operate from more than 400 offices in established and emerging property markets on six continents.
With roots dating back to 1929, Newmark’s strong foundation makes it one of the most trusted names in commercial real estate. Newmark’s full-service platform comprises BGC’s real estate services segment, offering commercial real estate tenants, landlords, investors and developers a wide range of services including leasing; capital markets services, including investment sales, debt placement, appraisal, and valuation services; commercial mortgage brokerage services; as well as corporate advisory services, consulting, project and development management, and property and corporate facilities management services. For further information, visit www.ngkf.com.
Newmark is a part of BGC Partners, Inc., a leading global brokerage company servicing the financial and real estate markets. BGC’s common stock trades on the NASDAQ Global Select Market under the ticker symbol (NASDAQ: BGCP). BGC also has an outstanding bond issuance of Senior Notes due June 15, 2042, which trade on the New York Stock Exchange under the symbol (NYSE: BGCA). BGC Partners is led by Chairman and Chief Executive Officer Howard W. Lutnick. For more information, please visit www.bgcpartners.com.