on Newmark Group, Inc.
Newmark Acquires RealFoundations to Enhance Investor Solutions
Newmark Group, Inc., a leader in global commercial real estate, announced the acquisition of RealFoundations, a Dallas-based professional services firm specializing in real estate management consulting and managed services. This move is set to expand Newmark's Investor Solutions suite, enhancing fund and asset management capabilities on a global scale.
RealFoundations, with its 500 employees, is renowned for providing data management, transaction support, and strategic consulting. The acquisition strengthens Newmark's Managed Services, broadening its global Data Services, Lease Administration, and Fund Administration offerings.
CEO Barry Gosin emphasized the acquisition's role in advancing Newmark's revenue goals and strengthening investor solutions. RealFoundations' leadership will continue under the Newmark RF brand, promising service continuity and expanded capabilities.
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