10:00 AM
Newmark is pleased to announce that Vice Chairman Bob Chodos will be accepting one of the American Red Cross’s highest awards, the Heritage Award at the 16th Annual Heroes Breakfast hosted by the American Red Cross Chicago and Northern Illinois chapter. The breakfast honors individuals and groups that have demonstrated heroism in the community. The event will take place at the Hilton Chicago on May 3, 2018 from 7:30 a.m. to 9:30 a.m.
Chodos will accept the philanthropic Heritage Award on behalf of the Turning the Tide Committee for Hurricane Relief. The committee, formed by Chodos, is being honored for the fundraising events they held to support those affected by Hurricane Katrina in 2005 and in 2017 for Hurricanes Harvey, Maria and Irma. Both events raised more than $1 million each for Red Cross disaster relief efforts.
“I am honored and humbled to accept the award on behalf of the Turning the Tide Committee,” said Chodos. “What began as a simple email among colleagues to raise funds for the victims of Hurricane Katrina, grew beyond expectations. I am proud of the Committee’s efforts and grateful to our team and supporters, as well as to the American Red Cross for all that they do to aid in disaster relief.”
Following Hurricane Katrina in 2005, Chodos emailed colleagues and friends of the real estate and construction industry expressing his devastation about the catastrophic effects of Katrina on the families in Louisiana. His single email sparked a movement and led to the formation of the Turning the Tide Committee (turningthetidetx.com). The organization has since raised more than $2 million for the American Red Cross for Hurricanes Katrina, Harvey, Maria and Irma, covering the southeastern US and its US coastal territories.
About the American Red Cross of Chicago & Northern Illinois
The American Red Cross of Chicago & Northern Illinois serves 9.5 million people in 21 counties including Boone, Bureau, Carroll, Cook, DeKalb, DuPage, Grundy, Kane, Kankakee, Kendall, Jo Daviess, LaSalle, Lake, Lee, McHenry, Ogle, Putnam, Stephenson, Whiteside, Will and Winnebago. The American Red Cross shelters, feeds and provides emotional support to victims of disasters; supplies about 40 percent of the nation’s blood; teaches skills that save lives; provides international humanitarian aid; and supports military members and their families. The Red Cross is a not-for-profit organization that depends on volunteers and the generosity of the American public to perform its mission. For more information, please visit www.redcross.org/local/illinois/chicago-northern-illinois.
About Newmark
Newmark (“Newmark”), operated by Newmark Group, Inc. (“Newmark”), is one of the world’s leading commercial real estate advisory firms. Newmark has over 4,600 employees in over 120 offices. Together with London-based partner Knight Frank and independently-owned offices, Newmark’s 15,000 professionals operate from more than 400 offices in established and emerging property markets on six continents. With roots dating back to 1929, Newmark’s strong foundation makes it one of the most trusted names in commercial real estate. We offer a complete suite of services and products for both owners and occupiers across the entire commercial real estate industry.
Our investor/owner services and products include investment sales, agency leasing, property management, valuation and advisory, diligence, underwriting and, under trademarks and names like Berkeley Point and Newmark Capital Markets, government sponsored enterprise lending, loan servicing, debt and structured finance and loan sales. Our 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. We enhance these services and products through innovative real estate technology solutions and data analytics designed to enable our clients to increase their efficiency and profits by optimizing their real estate portfolio. We have relationships with many of the world’s largest commercial property owners, real estate developers and investors, as well as Fortune 500 and Forbes Global 2000 companies. For further information, visit www.ngkf.com.
Newmark, which is listed on the NASDAQ Global Select Market under the symbol “NMRK”, is a publicly traded subsidiary of BGC Partners, Inc. (“BGC”), 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 “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 “BGCA”.
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 and BGC’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.