Newmark : Adds Multifamily Investment Sales Advisor Shivu Srinivasan as Senior Managing Director in San Francisco

May 20, 2026 12:00 PM

Newmark announces the Company has hired Shivu Srinivasan, a multifamily investment sales advisor with more than a decade of acquisition and disposition experience across value-add, core and core-plus properties in Northern California, as Senior Managing Director in its San Francisco office.

Over the course of his career, Srinivasan has built a strong track record in private client and mid-market multifamily transactions throughout the Greater San Francisco Bay Area, the I-80 Corridor, Sacramento and the Central Valley. He has consistently achieved top-of-market valuations across multiple transactions, and has ranked among the region's most active and productive brokers.

"Shivu is among the top rising brokers in Northern California's multifamily segment and brings deep local market expertise, proven execution capabilities and strong relationships with private clients and investors that will further strengthen our multifamily private capital platform in San Francisco and across the Bay Area," said Jon Mackey, Newmark Executive Managing Director, Market Leader. "His experience navigating complex transactions in supply-constrained submarkets, combined with his track record of delivering results, positions him to help clients uncover opportunities and execute high-value acquisitions in today's evolving environment."

Srinivasan's notable transactions include the $42.8 million sale of the Temescal/Pepperwood Apartments portfolio in Davis, the $19.8 million sale of Vermont Hills in Hayward and the $15 million sale of Summerhill Place in Union City.

"Newmark has built a strong reputation for delivering thoughtful, client-focused advisory across the capital stack," said Srinivasan. "I'm excited to join the firm and leverage my relationships, local market knowledge and transaction experience to help clients identify opportunities, navigate market conditions and achieve their investment objectives in Northern California."

According to Newmark Research, the Northern California multifamily sector is benefiting from renewed investor momentum and improving fundamentals, with several West Coast markets posting notable gains in investment activity. Limited new supply deliveries, combined with strong underlying housing demand and favorable long-term demographics in the Bay Area and surrounding regions, continue to support investor interest.

About Newmark
Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries ("Newmark"), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark's comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform's global reach with market intelligence in both established and emerging property markets, Newmark provides superior service to clients across the industry spectrum. For the twelve months ended March 31, 2026, Newmark generated revenues of more than $3.4 billion. As of March 31, 2026, Newmark and its business partners together operated from over 185 offices with more than 9,600 professionals across four continents. To learn more, visit nmrk.com or follow @newmark.

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