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NKF Appoints Jamie Allen as Executive Vice President, Specialty Practice Leader—Machinery & Equipment, Valuation & Advisory

New York, NY (01/07/2019)

10:00 AM

Newmark Knight Frank (NKF) is pleased to announce that Executive Vice President Jamie Allen, ASA, CMI has joined its Valuation & Advisory (V&A) Financial Reporting specialty practice as the Machinery & Equipment (M&E) practice leader.

Based in NKF's Chicago office, Ms. Allen will oversee M&E clients' consulting and valuation needs in the areas of financial reporting, tax compliance, insurance requirements, loan collateral support, liquidation analysis, internal planning and fixed asset inventories and management.

"Jamie has a proven track record of success in understanding and meeting client needs. Throughout her career, she has distinguished herself as a leader," said John Corbett, MAI, ASA, FRICS, V&A senior managing director, specialty practice leader, Financial Reporting. "Her achievements and ability to find innovative solutions make her the ideal candidate to lead our Machinery & Equipment practice."

Ms. Allen brings 15 years of dedicated valuation experience in all aspects of M&E valuation and is on the Machinery and Technical Specialties (MTS) committee for the American Society of Appraisers (ASA). Throughout her career, she has successfully served a wide range of clients across an array of industries, including consumer and industrial products, printing, pharmaceutical manufacturing, telecommunications, energy and natural resources, automotive, food and beverage processing, mining, retail and hospitality.

Prior to joining NKF, Ms. Allen worked with Duff and Phelps for three years, serving as a director in their M&E Valuation practice. Before American Appraisal's acquisition by Duff and Phelps in 2015, Ms. Allen served as a Director and Chicago office practice leader for its Industrial Services Valuation team. Prior to working at American Appraisal, Ms. Allen was an associate director at KPMG. At KPMG, she developed the M&E practice and spent more than five years serving international clients abroad on the London Corporate Finance Team. She also held consulting roles with Deloitte Tax LLP and Accenture's Property Tax Group before working at KPMG.

"I am beyond excited to join NKF and I look forward to the opportunities we'll have to grow the V&A practice," said Ms. Allen. "I've joined an outstanding team and, as the M&E practice leader, I look forward to fostering the development of this business across the country."

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.