Business
Newmark Announces Chad Lavender as President of Capital Markets for North America
NEW YORK, March 14, 2023 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading full-service commercial real estate
About this update from Newmark Group, Inc.
[{"type":"text","content":"NEW YORK, March 14, 2023 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) (\"Newmark\" or \"the Company\"), a leading full-service commercial real estate business, is pleased to announce Chad Lavender as President of Capital Markets for the Company's operating businesses in North America. Bringing together all aspects of Newmark's world-class capital markets practice, Lavender will serve on the Company's Executive Committee, the corporate management steering committee, and reports to Newmark's newly formalized Capital Markets Executive Committee, made up of Co-Heads of U.S. Capital Markets, Rob Griffin, Douglas Harmon, Kevin Shannon and Adam Spies, among others.\n\n \n \n \n \n \n \n\n \n\"Chad, a respected and sought-out voice in the capital markets sector, has an innate talent for leading and inspiring teams of top performers. In this newly defined executive capital markets position and coupled with his passion for execution excellence to achieve the best on behalf of clients, Chad's leadership contributions will enhance our capabilities and efficiencies as Newmark continues on its growth trajectory,\" said Barry Gosin, Newmark Chief Executive Officer.\nAs President of Capital Markets for North America, Lavender is responsible for driving the overarching strategy and revenue growth of the capital markets business for every asset type, including multifamily, office, industrial, retail and alternative investment classes. He will advise on recruiting and retaining top-tier talent, upholding and expanding a collaborative and entrepreneurial culture. Building on existing services and expertise and all infrastructure and support necessary to keep Newmark at the forefront of the industry in capital markets, Lavender will work alongside Newmark's deep bench of advisors to provide integrated services and solutions across investment sales, recapitalizations, debt and joint venture equity executives to prioritize and enhance the Company's capital markets client offerings to landlords, owners and investors.\n\"Formalizing this inter-disciplinary capital markets committee—which centralizes our leading area-specific expertise from across the Company—in tandem with Chad's appointment, allows Chad and our advisors to seamlessly access, generate and scale real estate solutions and guidance for our clients,\" said Kevin Shannon, Co-Head of U....