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NKF’s David Thibodeaux Promoted to Senior Managing Director and Market Leader of Texas and Louisiana for Valuation & Advisory Practice

Austin, TX (01/09/2019)

9:00 AM

Newmark Knight Frank (NKF) is pleased to announce that David Thibodeaux, MAI, has been promoted to Senior Managing Director for its Valuation & Advisory (V&A) practice. He will work alongside Senior Managing Director Eric Finley, MAI, SRA, as Market Co-Leader of Texas and Louisiana to expand the south-central regional practice.

A 28-year industry veteran, Mr. Thibodeaux joined the Austin office of NKF in 2017 as Senior Director of the V&A practice. He has provided valuation and consulting services for a variety of diverse and complex real estate assets and development projects throughout Texas. Mr. Thibodeaux's vast experience includes hotels, casinos, business parks, going-concern retail, proposed apartments, LIHTC multihousing and farmland. Additionally, he is qualified as an expert witness and has provided testimony in US Bankruptcy Court, US District Court and various County District Courts for cases involving tax appeals, acquisitions, condemnation and right-of-way.

"I am excited to work with Eric Finley to leverage our collective expertise and lead the talented team to new heights," said Mr. Thibodeaux. "The expanding V&A platform demonstrates NKF's commitment to the practice and we're thrilled to be growing so rapidly throughout the country."

"David has established himself as a prominent commercial real estate expert with multi-faceted strengths in valuation, advisory and litigation," said Stephen DuPlantis, MAI, NKF V&A US Co-Lead. "David's resume spans a multitude of property lines, effectively establishing his reputation as a prominent player in the region."

Prior to NKF, Mr. Thibodeaux worked at CBRE for 20 years, serving as Director of the Financial Consulting Group (FCG), Managing Director of Valuation and Advisory Services (VAS) and First Vice President in charge of the Investment Properties team.

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.

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