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Newmark Group Priced, Nasdaq: NMRK

Commercial real estate brokerage and advisory firm carved out of BGC Partners.

Industry: Real Estate

First Day Return: -0.4%

Industry: Real Estate

Newmark is a rapidly growing, high margin, full-service commercial real estate services business that offers a full suite of services and products for both owners and occupiers across the entire commercial real estate industry. We offer commercial real estate tenants, owner-occupiers, investors and developers a wide range of services, including leasing and corporate advisory services, investment sales, commercial mortgage brokerage, consulting, appraisal and valuation, project management, and property and facilities management services. We offer these services to clients in a broad range of products, including office, retail, industrial, multifamily, student housing, hotels, data center, healthcare, self-storage, land, condominium conversions, subdivisions and special use. Our clients vary greatly in size and complexity and include many of the world's largest commercial property owners, real estate developers, and investors, as well as Fortune 500 and Forbes Global 2000 companies. We have approximately 4,200 employees and independent contractors, including approximately 1,450 brokers and commissioned sales people, operating out of approximately 110 offices.
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IPO Data
IPO File Date 10/23/2017
Offer Price $14.00
Price Range $14.00 - $15.00
Offer Shares (mm) 20.0
Deal Size ($mm) $280
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 12/14/2017
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $280
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters New York, NY, United States
Founded 1929
Employees at IPO 4,600
Website www.ngkf.com

Newmark Group (NMRK) Performance