Newmark Group, Inc. Updates Earnings Guidance for the Fourth Quarter and Full Year of 2021
November 05, 2021 at 12:33 pm
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Newmark Group, Inc. updated earnings guidance for the fourth quarter and full year of 2021. For the quarter, the company expects revenue to be $778 million to $828 million.
For the year, the company expects revenue to be $2,700 million to $2,750 million.
Newmark Group, Inc. is a commercial real estate advisor and service provider to institutional investors, global corporations and other owners and occupiers. The Company offers a diverse array of integrated services and products designed to meet the full needs of its clients. Its investor/owner services and products include capital markets, which consists of investment sales and commercial mortgage brokerage, including the placement of debt, equity raising, structured finance and loan sales on behalf of third parties; landlord (agency) leasing; valuation and advisory; property management; its commercial real estate technology platform and capabilities; business rates for United Kingdom property owners; due diligence, consulting and other advisory services; government-sponsored enterprises (GSE) and the Federal Housing Administration (FHA), lending, including multifamily lending and loan servicing; limited loan servicing and asset management, and flexible workspace solutions for owners.