December 7, 2020, 12:00PM
Newmark Group, Inc. (NASDAQ: NMRK) (“Newmark”) today announced the hiring of Ran Holman as Executive Vice President and Market Leader for its Texas operations. Holman, who brings more than 30 years of experience in Texas commercial real estate services and development, will head Newmark’s Dallas operations and support its growing presence in a wide variety of business lines across the state, including other major markets such as Houston, Austin and San Antonio.
Since 2014, Newmark’s footprint in Texas has increased by more than 160 percent; the firm now employs approximately 470 professionals across the state. The company has also expanded its range of offerings in recent years, including the acquisition of Apartment Realty Advisors (“ARA”) in 2014, the launch of a Valuation & Advisory practice in 2017, the acquisition of Jackson Cooksey and the formation of a strategic alliance with Dallas-based real estate solutions company E Smith Advisors in 2018.
“Texas has long been among the country’s fastest-growing regions, and it’s a great emphasis for Newmark as we have expanded our stable of experts and strengthened our range of services in recent years. Today, the state continues to see breakneck growth thanks to a thriving office sector, skyrocketing demand for data centers and other industrial facilities, and its emergence as a rising life sciences hub,” said Newmark Chief Executive Officer Barry Gosin. “Ran brings decades of experience and a proven track record to this new role, along with a deep well of knowledge of every submarket in the state. We are extremely grateful to have him on board and look forward to his leadership as we take our success to new heights in the Lone Star State.”
Prior to joining Newmark, Holman served as Managing Principal in Cushman & Wakefield’s Dallas-Fort Worth-based office where he oversaw all commercial real estate services in all Texas markets. In addition to managing all business lines, Holman played an active role in business development, client relations and the brokerage’s overall growth strategies.
Ran’s three-decade career also includes stints as Executive Managing Director of CBRE’s Texas and New Mexico-based offices, North Texas Development Partner for Hines, and DFW Development Partner for Opus West, where he oversaw the firm’s Dallas-Fort Worth-area development and stabilization activity.
“I’m excited to work with Ran once again, and he’s exactly the leader we need to take Newmark to the next level in Texas,” stated Gary Carr, Newmark Vice Chairman, who joined Newmark’s Dallas office in 2020 to expand its U.S. capital markets platform.
“I am both honored and humbled to lead Newmark’s growth here in my home state,” said Holman. “The state encompasses a wide range of thriving markets both large and small, each with unique dynamics that require ingenuity, agility and strong relationships, many of which I’ve come to know Newmark offers. My wide range of experience in/across development, capital markets and leasing will support the effort to strengthen and expand the platform’s presence throughout the region, and I look forward to forging a path to even greater success here in the years to come.”
Ran’s credentials have earned him numerous accolades from prominent industry and media organizations, including D CEO’s “Commercial Real Estate Executive of the Year” in 2017, and a spot on the Dallas 500 each of the last four years. He is also involved in multiple Texas-based trade and charitable organizations, including as a current Board Member for Southern Methodist University’s Cox Business School Folsom Institute, Goodwill of Dallas, NAIOP Texas, the Salesmanship Club of Dallas and past leadership roles as Chair of The Real Estate Council (“TREC”) and its Foundation.
About Newmark (Nasdaq: NMRK)
Newmark Group, Inc., together with its subsidiaries (“Newmark”), is a world leader in commercial real estate services, with a comprehensive suite of investor/owner and occupier services and products. Our integrated platform seamlessly powers every phase of owning or occupying a property. Our services are tailored to every type of client, from owners to occupiers, investors to founders, growing startups to leading companies. Harnessing the power of data, technology, and industry expertise, we bring ingenuity to every exchange, and imagination to every space. Together with London-based partner Knight Frank and independently owned offices, our 18,800 professionals operate from approximately 500 offices around the world, delivering a global perspective and a nimble approach. In 2019, Newmark generated revenues in excess of $2.2 billion. To learn more, visit nmrk.com or follow @newmark.
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. These include statements about the effects of the COVID-19 pandemic on the Company’s business, results, financial position, liquidity and outlook, which may constitute forward-looking statements and are subject to the risk that the actual impact may differ, possibly materially, from what is currently expected. 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.