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Stephen Zaleski Joins Newmark Knight Frank’s New Multifamily Investment Advisory Business

New York, NY (11/19/2018)

9:00 AM

Newmark Knight Frank (NKF) is pleased to announce that Stephen Zaleski is joining its Capital Markets group with the firm's newly created Multifamily Investment Advisory business. Mr. Zaleski will be leading efforts to advise clients on multifamily acquisitions, asset management and dispositions, working with the firm's existing partners and developing new relationships to provide equity solutions and sourcing acquisition and recapitalization opportunities. Mr. Zaleski will report to Anthony Orso, NKF's President of Capital Market Strategies.

"We are excited to have a professional with Steve's depth of experience and impressive track record join the team," said Mr. Orso. "Stephen's hiring demonstrates our commitment to expanding our multifamily capabilities to complement our growing multifamily sales and related debt businesses."

Mr. Zaleski has completed over $15 billion in multifamily transactions representing approximately 150,000 units on behalf of 11 institutional funds and various separate accounts.

"Newmark Knight Frank is a truly dynamic company that is growing and undertaking a number of exciting initiatives, especially within the multifamily space," said Mr. Zaleski. "So, for me, joining its Multifamily Investment Advisory business and working with Anthony Orso was an extraordinary opportunity."

Mr. Zaleski has 33 years of experience in the commercial real estate industry, with 30 years specifically in the multifamily sector. Prior to joining NKF, Mr. Zaleski served for 10 years as Senior Managing Director and Head of the Multifamily Group for CBRE Global Investors. After founding the group in 2008, he led the company's U.S. multifamily development and investment businesses for all of the firm's funds and separate client accounts, as well as served as a member of the firm's Americas Leadership Board.

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. Newmark Group is a publicly traded subsidiary of BGC Partners, Inc. ("BGC") (NASDAQ: BGCP), a leading global brokerage company servicing the financial and real estate markets.

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 and BGC'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.