Newmark Unifies Property and Facilities Management Services to Enhance Client Solutions

New York, April 14, 2025 /PRNewswire/ — Newmark Group, Inc. (Nasdaq: NMRK) announces the integration of its Property Management and Facilities Management service lines to provide comprehensive solutions to clients worldwide. Richard Holden has been promoted to President, Property and Facilities Management, and Jason Martindale to Global Facilities Management Leader.

“We anticipate that the synergy between Property and Facilities Management will benefit our clients by offering a broader suite of integrated solutions,” said Luis Alvarado, Chief Operating Officer. By aligning these services, operations can be optimized, sustainability can be enhanced, and high-quality solutions can be delivered to support clients’ global business goals. With Newmark’s expanding international presence, including the acquisition of Gerald Eve and the recent launch of brokerage operations in France and Germany, the company aims to increase global Management Services revenue to over $2 billion within five years.

Richard Holden, who joined Newmark in December 2019, has been overseeing the Property Management business in the U.S. since May 2021. His expanded role will now include the oversight of Facilities Management, ensuring consistent service for owner and occupier clients globally. Jason Martindale, who has been serving Newmark’s clients since January 2023, will lead the Facilities Management services, focusing on operational excellence and innovation across client portfolios.

“With a more cohesive strategy in place, clients will have better visibility, control, and access to Newmark’s expertise,” said Holden. “This structure allows us to provide strategic oversight and ensure unified operations, cost management, and long-term value creation for every asset.” Martindale added, “I look forward to working with Richard and our global teams to deliver solutions that align with our clients’ evolving needs and provide a more strategic approach to managing their real estate portfolios.”

Newmark Group, Inc., a world leader in commercial real estate, offers a comprehensive suite of services tailored to each client, from owners to occupiers, investors to founders. With over $2.7 billion in revenue for the twelve months ended December 31, 2024, Newmark operates from approximately 170 offices with more than 8,000 professionals across four continents. To learn more, visit nmrk.com or follow @newmark on Twitter.

In conclusion, Newmark’s unification of Property and Facilities Management services aims to provide enhanced solutions to clients globally. The promotion of Richard Holden and Jason Martindale signifies a strategic focus on operational excellence and innovation. With a commitment to delivering top-tier service and driving long-term value creation, Newmark is positioned to offer clients a smarter, more connected way to manage their real estate portfolios.