NEW YORK, Jan. 14, 2021 /PRNewswire/ -- Newmark Group,
Inc. (Nasdaq: NMRK) ("Newmark") today announced the
hiring of Richard Bertasi as
Chief Executive Officer of its Global Corporate Services ("GCS")
business.
Rick, with more than 25 years of experience as a senior
executive for real estate and investment companies across the
globe, will head the GCS business as it seeks to expand both
domestically and internationally. Newmark's integrated GCS platform
provides an extensive suite of seamless, beginning-to-end corporate
services solutions including: global and regional expansion
strategies; lease administration; facilities management; workplace
strategies; company leadership and culture development; emerging
technology solutions; and safety and wellness programs in response
to the COVID-19 crisis. Rick will report to Newmark's Chief
Executive Officer Barry Gosin.
"Rick's wealth of experience in corporate real estate, both
in-house and as a service provider, makes him an ideal candidate to
take our Global Corporate Services platform to new heights," said
Gosin. "The COVID-19 pandemic has brought about massive shifts in
many large corporate users' business models, and many are in need
of trusted, creative and agile advisors who can help them navigate
these uncharted waters. As a tech leader in the real estate
industry, Newmark's proprietary and expansive technology, data
analytics and systems will continue to drive innovation and the
best margins for its clients. The timing is ideal for Rick to take
the helm of this prestigious team, and we look forward to his
leadership as we continue to expand our GCS platform across the
globe."
Prior to joining Newmark, Rick served as Head of Real Estate
& Facilities for Bridgewater Associates, the world's largest
hedge fund, where he oversaw the fund's investments across a wide
range of corporate real estate assets, including office, data
centers, hospitality and entertainment venues. Prior to that role,
he spent ten years working in Europe, including five years overseeing global
corporate real estate for Deutsche Bank, a portfolio spanning more
than 4,200 global locations.
Rick has also served in management roles at nascent corporate
real estate services business United Systems Integrators (USI) –
which included time as founder and CEO of its property
administration/management software product Sequentra, and as a
partner at the commercial real estate developer and investor,
Trammel Crow.
"Today's corporations face rapidly evolving demands all over the
world, with the need to provide space and services that deliver and
enhance organizational productivity in a period of substantial,
rapid change. They increasingly seek a partner whose vision extends
well beyond traditional brokerage and site selection, and who can
work with them to deliver those outcomes," said Bertasi. "Newmark
is well known for its ingenuity, its relationships, its breadth of
expertise and its client commitment. These attributes equip the GCS
team to provide clients with actionable services that are
particularly critical during the current tumultuous period—from
workplace safety protocols to portfolio repositioning strategies. I
look forward to applying my experience to help fuel Newmark GCS
growth and further solidify Newmark's reputation as a true leader
across the global arena."
Rick holds a Master's in Business Administration from
Dartmouth College's Amos Tuck School of Business, as well as a
Bachelor of Arts degree in International Political Economy from
Dartmouth College. He maintains an
involvement in multiple industry and academic organizations,
including his role as a past board member and committee chair for
CoreNet Global. He has also served as chair of the Amos Tuck
School's European Advisory Board, as well as a member of its MBA
Advisory Board and Honor Code Judicial Committee. He is currently
volunteer Chair of the Weston, CT
town Facility Optimization Committee as well as a member of the
Board of Governors for the Dartmouth Rugby Football Club.
About Newmark
Newmark Group, Inc., (Nasdaq:
NMRK) together with its subsidiaries ("Newmark"), is a world leader
in commercial real estate services, with a comprehensive suite of
investor/owner and occupier services and products. Our integrated
platform seamlessly powers every phase of owning or occupying a
property. Our services are tailored to every type of client, from
owners to occupiers, investors to founders, growing startups to
leading companies. Harnessing the power of data, technology, and
industry expertise, we bring ingenuity to every exchange, and
imagination to every space. Together with London-based partner Knight Frank and
independently owned offices, our 18,800 professionals operate from
approximately 500 offices around the world, delivering a global
perspective and a nimble approach. In 2019, Newmark generated
revenues in excess of $2.2 billion.
To learn more, visit nmrk.com or follow @newmark.
Discussion of Forward-Looking Statements About
Newmark
Statements 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 about the effects of the COVID-19 pandemic
on the Company's business, results, financial position, liquidity
and outlook, which may constitute forward-looking statements and
are subject to the risk that the actual impact may differ, possibly
materially, from what is currently expected. Except as required by
law, Newmark undertakes 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
the forward-looking statements, see Newmark's Securities and
Exchange Commission filings, including, but not limited to, the
risk factors and Special Note on Forward-Looking Information set
forth in these filings and any updates to such risk factors and
Special Note on Forward-Looking Information contained in subsequent
reports on Form 10-K, Form 10-Q or Form 8-K.
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SOURCE Newmark Group, Inc.