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Newmark Knight Frank Brings on Retail Capital Markets Experts in Phoenix; Julius, Goldsmith and Dorsett

Phoenix, AZ (01/07/2020)

1:43 PM

Newmark Knight Frank (NKF) is pleased to announce leading capital markets professionals Steve Julius and Jesse Goldsmith have joined the firm's Phoenix office as Senior Managing Directors, along with Associate Chase Dorsett. With combined commercial real estate experience totaling nearly 35 years, the professionals have collectively completed transactions with a total consideration of over $700 million, including over $98 million in 2019. The professionals specialize in investment sales for retail properties in metro Phoenix, advising private and institutional investors on diverse real estate strategies.

"As NKF continues to augment its best-in-class Capital Markets platform, Phoenix remains an extremely important market in the Western Region for our clients," said NKF's Executive Vice President, West Region Market Leader Greg May. "Recruiting market-leading professionals like Julius and Goldsmith, who are well-known for their expertise in retail investment sales, enhances NKF's existing service offerings in the Phoenix market, including our Capital Markets practice. We are thrilled to welcome them to NKF," added NKF's Executive Managing Director Mike Garlick.

Julius, Goldsmith and Dorsett serve a core client base of private capital investors with a focus on multi-tenant shopping centers and net leased retail properties. Julius' strong finance background unique to retail brokerage, enables him to provide client service rooted in detailed financial analysis, ensuring a high-rate of deal certainty. A natural relationship builder, Goldsmith is particularly adept at sourcing hard-to-find buyers, having cultivated an extensive investor database. Dorsett focuses on the marketing and disposition of retail properties through his cultivation of new business, financial underwriting and in-depth market analyses. Julius and Goldsmith began their commercial real estate careers in 2001 and 2006, respectively. Julius, Goldsmith and Dorsett join NKF from CBRE.

"NKF's growing impact in the capital markets arena as well as its company culture were both huge draws to join the firm. Having worked in the Phoenix real estate market for nearly two decades, the focus will be to continue to serve clients and the local community with the same enthusiasm and tenacity. Now, with the backing and support of NKF's remarkable entrepreneurial runway, the ability to represent buyers and sellers is further enhanced," concluded Julius.

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 18,000 professionals operate from approximately 480 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
Statements in this document regarding Newmark 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 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's Securities and Exchange Commission filings, including, but not limited to, the risk factors and Special Note on Forward-Looking Information set forth in these filings and any updates to such risk factors and Special Note on Forward-Looking Information contained in subsequent reports on Form 10-K, Form 10-Q or Form 8-K.

For Media Inquiries Contact:
Deb Bergman
Vice President PR and Communications
Newmark Knight Frank
T 303.260.4307