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NGKF Appoints Blake Okland to Lead U.S. Multifamily for ARA Newmark

New York, NY (01/24/2017)

9:00 AM

Newmark Grubb Knight Frank (NGKF) President James D. Kuhn is pleased to announce the appointment of Blake Okland as head of US multifamily for ARA, A Newmark Company (ARA Newmark). Okland will drive the multifamily platform as a unifying figure for all ARA Newmark offices throughout the US, working to increase collaboration and improve service to clients nationwide by identifying and executing strategic initiatives, recruiting, and business line and geographic expansion. He will also lead business development nationally, maintaining relationships with large institutional clients to help the firm secure business and engage on complex national and global assignments as the face of the brand.

"NGKF has made significant investments in building a robust capital markets platform composed of the industry's best brokers collaborating on a global scale," said Okland. "Working alongside NGKF Capital Markets and utilizing the capital base of our global platform, we will build out ARA Newmark to the same standard and will better serve our clients as a truly national, integrated brand."

Prior to taking on this role, Okland served as vice chairman of ARA Newmark. In early 2016 he temporarily held the head of US multifamily title on an interim basis while also serving as a senior partner in the Carolinas operation, and now commits to national leadership of the practice full-time. He previously served on ARA's National Executive Committee for five years and played a critical role in the firm's acquisition by NGKF in 2014.

"ARA Newmark is a critical component of NGKF's greater capital markets platform," said Robert Griffin, U.S. head of capital markets and president of the New England area for NGKF. "Blake is an exceptional leader and creating a national function for him to unify and grow the ARA brand reflects our commitment to providing the highest possible level of service throughout the platform."

"We are determined to provide the resources necessary to make NGKF the top capital markets operation in all major cities and market sectors," said Barry Gosin, chief executive officer of NGKF. "Blake is the best in the business and I have no doubt he will lead ARA Newmark to be the preeminent multifamily practice in the nation."

About ARA, A Newmark Company
ARA, A Newmark Company is the largest full-service investment advisory firm in the nation that focuses exclusively on the brokerage, financing and capital sourcing of multihousing properties including conventional, affordable, distressed assets, notes sales, seniors, student, manufactured housing and multihousing land. ARA Newmark is composed of the country's top investment professionals who leverage a unique and fully integrated cooperative business platform of shared information, relationships and technology driven solutions. ARA Newmark's unified enterprise approach ensures that clients are delivered the broadest asset exposure, effective matching of buyers and sellers, and the shortest transaction timeframes in the industry. The combination of global resources, unparalleled market expertise and nationwide presence in the multihousing marketplace has resulted in an annual production volume of more than $13.4 billion in real estate transactions in 2015. For detailed information on ARA Newmark's extensive multihousing investment services, visit www.aranewmark.com.

Following its December 2014 acquisition by BGC Partners, Inc., a leading global brokerage company servicing the financial and real estate markets, ARA Newmark became a part of Newmark Grubb Knight Frank.

About Newmark Grubb Knight Frank
Newmark Grubb Knight Frank (NGKF) is one of the world's leading commercial real estate advisory firms. Together with London-based partner Knight Frank and independently-owned offices, NGKF's 14,100 professionals operate from more than 400 offices in established and emerging property markets on six continents.

With roots dating back to 1929, NGKF's strong foundation makes it one of the most trusted names in commercial real estate. NGKF'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.

NGKF 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 http://www.bgcpartners.com/.