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Newmark Appoints Lou Alvarado As CEO Following Barry Gosin's Departure

PUBLIC · NMRKAug 24, 2026about 4 hours ago

Position

Chief Strategy Officer

Company

Newmark

Kyle Lutnick
New YorkFinancial ServicesSoftwareAdvertisingReal Estate

Description

Newmark has announced that Barry Gosin will step down as CEO at the end of the year after nearly five decades in the role. Lou Alvarado, currently the Chief Operating Officer, is being considered as his successor, while the firm continues to evaluate other candidates for the position.

Company Information

Company

Newmark

Location

New York, New York, United States

About

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 June 30, 2025, Newmark generated revenues of over $2.9 billion. As of June 30, 2025, Newmark and its business partners together operated from 165 offices with over 8,400 professionals across four continents.

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