Newmark: Promotes Kevin McCabe to President, Western Region


Newmark promotes Kevin McCabe to President, Western Region

October 12, 2021 4:00 p.m.

Market leader established to oversee operations and performance in the western half of the United States in a senior role

Contact us

Country Afghanistan Aland Islands Albania Algeria American Samoa Andorra Angola Anguilla Antarctica Antigua and Barbuda Argentina Armenia Aruba Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire, Saint Eustache and Saba Bosnia and Herzegovina Botswana Bouvet Island Brazil British Territory British Indian Ocean Virgin Islands Brunei Bulgaria Burkina Faso Burundi Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Chad Chile China Christmas Island Cocos Islands Colombia Comoros Cook Islands Costa Rica Croatia Cuba Curaçao Cyprus Czech Republic Democratic Republic of Congo Denmark Djibouti Dominica Republic Dominican East Timor Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Falkland Islands Faroe Islands Fiji Finland France French Guyana French Polynesia French Southern Territories Gabon Gambia Georgia Germany Ghana Gibraltar Greece Greenland Grena de Guadeloupe Guam Guatemala Guernsey Guinea Guinea-Bissau Guyana Haiti Heard and McDonald Islands Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Côte d’Ivoire Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libya Liechtenstein Lithuania Luxembourg Macao Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Moldova Monaco Mongolia Montserrat Montserrat Morocco Mozambique Myanmar Namibia Nauru Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue Norfolk Island North Korea Mariana Islands North Norway Oman Pakistan Palau Palestinian Territory Panama Papua New Guinea Paraguay Peru Philippines Pitcairn Poland Portugal Puerto Rico Qatar Republic of Congo Reunion Romania Russia Rwanda Saint Barthélemy Saint Helena Saint Kitts and Nevis Saint Lucia Saint Martin Saint -Pierre-et-Miquelon Sai nt Vincent and the Grenadines Samoa San Marino Sao Tome and Principe Saudi Arabia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon Islands Somalia South Africa South Georgia and the South Sandwich Islands Korea South South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Togo Tokelau Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Tuvalu US Virgin Islands Uganda Ukraine United Arab Emirates United Kingdom United States United Minor Outlying Islands Uruguay Uzbekistan Vanuatu Vatican Venezuela Vietnam Wallis and Futuna Western Sahara Yemen Zambia Zimbabwe

E-mail address is required

I would like to receive the latest updates from Newmark

By submitting your data through this form, you confirm that you are over 18 years old, that you have read and understood the privacy policy, and that you agree to the collection, use and processing of your personal information by Newmark & Company Real Estate, Inc. in accordance with said policy. *

Thanks for sharing your information with Newmark!

October 12, 2021 4:00 PM

Newmark Group, Inc. announces the promotion of Kevin McCabe, a 35-year commercial real estate veteran, to President of the Western Region. Kevin, who previously served as Newmark’s executive vice president and regional general manager, will oversee all facets of the platform’s operations and performance in the western half of the United States.

“Kevin has proven to be a creative, decisive and forward-thinking leader, both on behalf of our clients and within our organization,” said Lou Alvarado, Director of Revenue at Newmark. “He has been instrumental in guiding Newmark’s growth in the United States and throughout Latin America, and we are delighted that he brings his expertise to this expanded role.

Kevin previously led the performance for the central region of the platform, where he successfully expanded client services in the areas of capital markets, tenant and landlord representation, global business services, site selection and single tenant net lease. He also oversaw 15 international offices covering Argentina, Brazil, Chile, Colombia, Costa Rica, Mexico, Panama, Peru and Puerto Rico. With a proven sense of operational excellence, Kevin will lead people development, training, recruitment and collaboration throughout the Western Region; Newmark’s revenue director Luis Alvarado manages the Eastern region of the platform.

“It has been incredibly rewarding to develop the Newmark platform nationally and internationally, and simultaneously grow as a professional during my 10 years with the company,” said McCabe. “I look forward to the next chapter of Newmark’s growth, especially as we invest in new technologies, service offerings and the recruitment of leading experts for our platform.

About Newmark
Newmark Group, Inc. (Nasdaq: NMRK), along with its subsidiaries (“Newmark”), is a global leader in commercial real estate, seamlessly fueling every phase of the property lifecycle. Newmark’s full suite of services and products are uniquely tailored to suit every client, from owners to occupants, investors to founders, and startups to blue chip businesses. Combining the platform’s global reach with market intelligence in established and emerging real estate markets, Newmark provides superior service to clients across the industry. Newmark generated revenues of over $ 2.2 billion for the twelve months ending June 30, 2021. The offices owned by the Newmark company, as well as its business partners, operate from more than 160 offices with approximately 6,200 professionals worldwide. To learn more, visit or follow @newbrand.

Discussion of forward-looking statements regarding Newmark
Statements contained in this document regarding Newmark that are not historical facts are “forward-looking statements” that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. These include statements regarding the effects of the COVID-19 pandemic on the business, results, financial condition, liquidity and prospects of the Company, which may constitute forward-looking statements and are subject to the risk that the actual impact may differ, perhaps materially, from what is currently expected. Except as required by law, Newmark assumes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in forward-looking statements, see Newmark’s Securities and Exchange Commission documents, including, but not limited to, the risk factors and the special note on Forward-looking information set out in these documents and any updates to these risk factors and the special note on forward-looking information contained in subsequent reports on Form 10-K, Form 10- Q or Form 8-K.


Newmark Group Inc. published this content on 12 October 2021 and is solely responsible for the information it contains. Distributed by Public, unedited and unmodified, on October 12, 2021 08:21:07 PM UTC.

Public now 2021

All the news on NEWMARK GROUP, INC.

Analyst Recommendations on NEWMARK GROUP, INC.
Sales 2021 2,557 million

Net income 2021 620 million

Net debt 2021

PER 2021 ratio 5.55x
Yield 2021 0.28%
Capitalization 2,819 million
2,819 million
Capi. / Sales 2021 1.10x
Capi. / Sales 2022 0.99x
Number of employees 4,100
Free float 79.1%

Duration :


Newmark Group, Inc. Technical Analysis Chart |  MarketScreener

Trends in technical analysis NEWMARK GROUP, INC.

Short term Mid Road Long term
Tendencies Bullish Bullish Bullish

Evolution of the income statement

To sell

To buy

Average consensus SURPASS
Number of analysts 5
Last closing price

$ 14.41

Average price target

$ 16.80

Spread / Average target 16.6%

Leave A Reply

Your email address will not be published.