Newmark Acquires Renowned North American Retail Advisory Business, Open Realty
Acquiring Company
Newmark
Acquired Company
American Retail Advisory Business
New YorkFinancial ServicesSoftwareAdvertisingReal EstateReal Estate InvestmentProperty ManagementCommercial Real EstateDescription
Newmark Group, Inc. (NASDAQ: NMRK) ("Newmark") announces the acquisition of industry-leading North American retail real estate advisory firms Open Realty Advisors and Open Realty Properties ("Open Realty"). Open Realty will join Newmark's Retail Services business line with an extensive national and global top-tier client roster, and its founders will assume significant leadership roles to expand Newmark's global retail footprint.
Quick answer
Newmark is acquiring American Retail Advisory Business, announced May 3, 2022. Newmark is based in New York, New York, United States.
- How much did Newmark pay for American Retail Advisory Business?
- The deal value was not disclosed.
- What does Newmark do?
- 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.
- Where are Newmark and American Retail Advisory Business based?
- Newmark is based in New York, New York, United States.
- Who are the decision-makers at Newmark?
- Fundz holds 2 contacts at Newmark. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Financial Services and Advertising
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Newmark Acquires Renowned North American Retail Advisory Business, Open Realty (May 3, 2022)
- Newmark Acquires Esteemed Boston-Based Firm Mccall & Almy (April 7, 2022)
- Newmark Acquires Premier London Capital Markets And Leasing Real Estate Advisory Firm, Bh2 (April 4, 2022)
- Cushman & Wakefield Acquires Leading Team From Cresa Partners Of Los Angeles, Inc. (May 17, 2022)
- Redwood Trust Announces Strategic Acquisition Of Riverbend Lending (April 28, 2022)
- Partners Group And Trinity Investments Acquire Four Seasons Resort Dallas At Las Colinas (May 31, 2022)
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Frequently asked
Who acquired American Retail Advisory Business?
American Retail Advisory Business was acquired by Newmark, based in New York. The deal was reported on May 3, 2022. 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 is publicly traded (NMRK) and operates in Financial Services.
When did Newmark acquire American Retail Advisory Business?
Newmark's acquisition of American Retail Advisory Business was reported on May 3, 2022. Newmark Group, Inc. (NASDAQ: NMRK) ("Newmark") announces the acquisition of industry-leading North American retail real estate advisory firms Open Realty Advisors and Open Realty Properties ("Open Realty"). Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does American Retail Advisory Business do?
American Retail Advisory Business is the company acquired in this transaction. It is privately held.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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