Newmark Group
Global commercial real estate advisory brokerage
General Manager
About the job
- Bachelor’s Degree in business or related field
- RPA and CCIM or CPM certification required
- Minimum of 8 years’ experience in property operations
- Knowledge in all aspects of business including leasing and construction management
- Must have been responsible for a portfolio of three or more projects with direct reports
- A valid real estate license is required in states where work is performed
- Assist in solidifying positive relationship with owner by being proactive and responsive to owners’ needs and requests
- Assist senior management in understanding and working with the client to determine the goals and objective for the performance of the real estate assets. Assist Vice President and Portfolio Manager in developing and implementing recommendations to position the property to achieve the highest value consistent with the owner’s objective
- Prepare and report information in a timely fashion to designated staff as set forth by Newmark and the property owners
- Create and develop upgrades to services being provided by the company in an effort to exceed client expectations
- Develop and implement staffing plans and job descriptions as required for assigned sites and promote continuous education for all on-site personnel
- Bottom line responsibility for the preparation, presentation and content of the annual operating budget and monthly financial reporting package
- Responsible for the final review and approval all annual lease reconciliation and estimates
- Establish goals and objectives for the performance of the on-site staff in meeting set goals and objectives in a timely and efficient manner. Prepare employee evaluations and make promotion and compensation recommendations
- Develop a resource plan with overall accountability for delivering a completed project, meeting customer requirements, within set budgets and schedules
- Prepare lease abstracts and, in some cases, may have final approval authority of all lease abstracts and final document output
- Review specifications prepared for service contracts. Responsible for selection and final award of contract services, vendor negotiation of service agreements and the overall monitoring of vendor performance to assure full compliance with standards established within the service agreement
- Review and approval of payables and receivables as prepared at the site level
- Review and supervise all accounting output as prepared by the accounting department as required by the property
- Weekly visits to sites to review policies and procedures, personnel performance, and approving invoices requiring signature. Quarterly inspections of all properties contained within the portfolio
- Responsible for short and long range planning for all properties assigned
- Ensure that all fire, life safety and other safety programs are established and followed in conjunction with the Environmental Health and Safety Act
- Maintain a positive image in performing daily work both internally and externally
- May perform other duties as assigned
- Work with management to develop and implement outstanding service programs for clients and tenants within portfolio
- Work closely with management to ensure the property(s) succeeds as a profit center or expense control for ownership
- May be required to conduct market surveys, recommend pricing, develop marketing programs, and establish broker rapport in support of leasing objectives
About the company
Newmark Group is a global commercial real estate advisory firm that provides brokerage, advisory, and capital markets services for commercial properties. It helps clients buy, sell, lease, and finance real estate by connecting tenants, landlords, investors, and lenders, and by offering integrated services from brokerage to investment advisory. The company works through a large, nationwide and international network, leveraging a history of acquisitions to deliver a broad set of real estate solutions across markets. Unlike firms that focus on a single service, Newmark combines brokerage, advisory, and investment capabilities, creating a wide platform for transaction execution and capital access. Its goal is to help clients navigate and complete real estate transactions efficiently while growing its position as a leading investment broker in the Americas.
Company Size
5,001-10,000
Company Stage
IPO
Headquarters
New York City, New York
Founded
1929
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Simplify's Take
What believers are saying
- Q2 2026 revenue hit $888.4 million, up 17%, with record fees and investment sales.
- September 1, 2026 brought Altus Development Advisory, adding 335 professionals globally.
- June 9, 2026 financing for 30 Fenchurch Street showcases lender and investor demand.
What critics are saying
- Barry Gosin’s departure ends a 48-year regime and forces a CEO transition by year-end.
- Maher and Pullen sued Newmark in May 2026, alleging exclusion and unpaid commissions.
- A wider broker revolt hollows out the franchise and triggers permanent revenue loss.
What makes Newmark Group unique
- Barry Gosin built Newmark’s brokerage-plus-services model, and he exits CEO duties December 31, 2026.
- Newmark runs 195 offices and 10,000 staff across four continents.
- Its valuation platform keeps expanding through Altus, Catella, Einwert, and L+P acquisitions.
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6 month growth
↑ 6%1 year growth
↑ 6%2 year growth
↑ 6%Cushman, newmark win REBNY Retail Deal of the Year Awards. Team behind Urban Outfitters' Fifth Avenue downsizing take home top award Urban Outfitters wanted to shrink its Fifth Avenue footprint and needed to find a space that would still work with its multi-level store layout. The solution - a 15,000-square-foot lease at 575 Fifth Avenue - earned Cushman & Wakefield's Sean Moran, Patrick O'Rourke, Catherine Merck and Steven Soutendijk the Most Ingenious Retail Deal of the Year award on Wednesday at REBNY's 2025 Retail Deal of the Year Awards at Vornado's 2 Penn Plaza, where dealmakers gathered to celebrate. The brokers masterminded a move from Urban Outfitters' 23,000-square-foot, two-level corner store at 521 Fifth Avenue into the smaller space on the corner of 47th Street. In order to seal the deal, they promised to build a new escalator connecting the lower level of the retail condo to the street level. The space, which previously served as part of L'Oréal's headquarters, was only connected to the building's atrium, a common area subject to a thicket of zoning and city-planning requirements. "To modify those spaces can be time-consuming and costly and challenging," Moran said. "That's something in retail we don't normally get involved with." The Cushman team spent almost two years securing approvals to remove the escalators connecting the atrium to the lower level. They also won approval to open an elevator door on the opposite side of an existing one, allowing it to access the store directly and serve as Urban Outfitters' ADA-compliant elevator. The brokers negotiated a one-year extension at Urban Outfitters' existing Fifth Avenue store, giving them time to finish construction. Then they encountered another complication. The building was being sold as the lease was being negotiated. Real estate investment firms Sovereign Partners and HudsonPoint Capital bought the property from Beacon Capital Partners and MetLife for $378 million in April. That left the Urban Outfitters deal in jeopardy if the new owner decided it wanted the retail space delivered vacant. (They ultimately decided to honor the lease.) "That was another layer of approval that we rarely, rarely see," Moran said. Newmark's Jeffrey Roseman and Drew Weiss took home the Most Impactful Retail Deal of the Year award for brokering luxury watchmaker Audemars Piguet's 12,000-square-foot flagship at 785 Fifth Avenue. And Daija US COO Jeffrey Kleiner won the Retail Development/Project of the Year award for his work on the Waldorf Astoria New York redevelopment.
Newmark has arranged financing for Related Ross' acquisition of Boca Raton Innovation Campus (BRiC), a 1.7-million-square-foot office and technology campus in Florida. The 124-acre property was arranged with Ares by Newmark's debt and structured finance team. Located at 5000 T-Rex Avenue, BRiC comprises two office buildings across more than 1.7 million square feet. The campus was originally developed by IBM as its North American research and development centre and is recognised as the birthplace of the company's first personal computer. Related Ross plans to continue operating BRiC as an office and technology campus whilst advancing a long-term vision that introduces amenities, retail, and restaurants. The acquisition marks the company's entry into Boca Raton and expands its presence across Palm Beach County.
Longtime Newmark CEO Barry Gosin to step down. Barry Gosin will step down as CEO of Newmark at the end of the year, ending a 48-year run at the helm of the brokerage and commercial real estate services firm. Gosin will continue to serve as chairman of Newmark's operating company, Newmark & Co. Real Estate Inc., and will "focus on relevant and impactful topics," the company said in a news release Friday morning. The board of directors expects to select a new CEO by the end of the year. "We are delighted that Barry will remain with the Company as Chairman of the operating company to help the next generation of leadership as they guide Newmark through its next chapter of growth," Chairman of the Board of Directors Stephen Merkel said in a statement. Newmark was founded in 1929, but Gosin shepherded the company into the giant it is today starting in the late 1980s, when he began building the brokerage and advisory business with a focus on New York City. He helped take the company public in 2017, although it has remained majority-controlled by Cantor Fitzgerald, the financial services giant formerly led by Commerce Secretary Howard Lutnick. As part of the transition plans, Gosin entered into a new employment agreement that will keep him in the chairman position up to 2029. "The Company is stronger than ever, our strategy is working, and the opportunities ahead are substantial, which is why I believe now is the right time to take a step back from day to day operations to focus solely on matters that will make a difference to Newmark, and to support the Company through this transition," Gosin said in a statement. Newmark has more than 195 offices and 10,000 staff on four continents. The company posted record second-quarter revenue in July and boosted fees from leasing and other commissions by 17.2% compared to the prior year. Earnings per share inched up a penny from the prior year, and the firm modestly beat analyst estimates but held its guidance flat. The brokerage has bulked up its service offerings with two acquisitions from Altus Group this year. Earlier this month, it announced the purchase of the development advisory business from Altus, the maker of the popular underwriting software Argus, which includes 335 employees spread across Canada, the U.S., Australia and Thailand. That deal came a few months after Newmark's March acquisition of Altus' Canadian appraisals business, which serves more than 3,000 clients, including institutional funds, lenders and REITs. In another executive suite move, Newmark named Kyle Lutnick, Howard Lutnick's son, as the brokerage's chief strategy officer in May. The 30-year-old is tasked with overseeing Newmark's transformation agency, which includes the firm's approach to data, artificial intelligence and other technology.
Newmark Group has acquired L+P Immobilienbewertung, a German real estate valuation firm, expanding its Valuation & Advisory business in Europe. Founded over 25 years ago, L+P employs more than 40 professionals serving institutional clients across Europe with expertise in commercial, residential and specialised property valuations. This marks Newmark's fourth Valuation & Advisory acquisition this year, following deals for Catella Valuation Advisory in France, Altus Group's Canadian Appraisals business, and einwert in Germany. L+P is recognised for delivering independent valuations to investors, banks, fund initiators and public-sector clients. The acquisition strengthens Newmark's presence in the German market and enhances its international valuation platform. Newmark generated revenues exceeding $3.6 billion for the twelve months ended 30 June 2026.
CBRE bolsters suburban office leasing; adds industry vet Jeremiah. July 28, 2026 Boston - CBRE announce that Eric Jeremiah has joined the company as a Vice President in the organization's Greater Boston suburban office brokerage business. Jeremiah will focus on both tenant and landlord representation. "We are pleased to welcome Eric to our suburban office practice in Greater Boston," said Mike Brucato, Executive Managing Director and Greater Boston Market Leader at CBRE. "He is a highly respected office broker with deep market knowledge and a strong track record of success advising both landlords and occupiers." Before joining CBRE, Jeremiah spent over five years with Newmark, where he represented tenants and landlords on suburban office and industrial leasing assignments throughout Greater Boston. He graduated from Middlebury College, where he was a member of the varsity lacrosse team. "It's very exciting to join such a well-regarded team at CBRE, a major brokerage player in the suburban office arena," said Jeremiah. "I look forward to using my skills and working with other multi-talented team members to continue to grow our presence in the market and achieve exceptional results for our clients."