NEW YORK, Jan. 17, 2018 /PRNewswire/ -- E Smith Legacy
Holdings LLC and Newmark Knight
Frank (NKF), a leading global commercial real estate
advisory firm operated by Newmark Group, Inc. (Newmark), today
announced a new business partnership offering commercial real
estate solutions and services with global reach. The new
minority-owned and certified venture, E Smith Advisors LLC, led by
Emmitt Smith, is pursuing business
transactions with nationally recognized organizations.
"This partnership with Newmark takes my 12 years' experience in
the commercial real estate industry to the next level," Smith said.
"We will explore international initiatives but also stay focused on
creating commercial real estate opportunities right here in
Texas. I'm competitive by nature,
and my goal is for E Smith Advisors to become the largest
minority-owned commercial real estate brokerage company in the
world. This new venture is the first of much more to come."
E Smith Advisors has operations in Dallas and Baltimore and will offer commercial brokerage,
mortgage banking and commercial leasing — continuing Smith's vision
to drive commercial real estate transactions focusing on a variety
of offerings and commercial real estate services.
"Newmark is pleased to announce this new venture with
Emmitt Smith and E Smith Legacy
Holdings to form E Smith Advisors," said Barry Gosin, chief executive officer of Newmark.
"This partnership allows us to team with Emmitt, a respected,
established business leader with a successful track record of
identifying and executing successful commercial real estate
transactions."
E Smith Advisors signifies Emmitt
Smith's re-entry into the commercial real estate brokerage
space, following the announcement of Smith's separation from his
namesake E Smith Realty Partners (ESRP) in June 2017.
About E Smith Advisors
E Smith Advisors is a real
estate solutions and services company through its partnership with
Newmark, a leading global commercial real estate advisory firm, E
Smith Advisors, a minority-owned entity, accesses a global network
across more than 400 offices worldwide offering integrated services
delivered by expert teams worldwide to a diverse portfolio of
clients.
About E Smith Legacy Holdings
E Smith Legacy
Holdings, established in 2008, is a real estate holding company
with business operations in development, commercial real estate
services, real estate investment, infrastructure investment and
construction. Emmitt Smith, former
Dallas Cowboys football legend and NFL Hall of Fame running back,
serves as chairman and chief executive officer. E Smith Legacy
Holdings, headquartered in Dallas,
has been ranked as one of the top eight minority-owned real estate
companies in the United
States.
About Newmark Knight
Frank
Newmark Knight
Frank ("NKF"), operated by Newmark Group, Inc. ("Newmark"),
is one of the world's leading commercial real estate advisory
firms. Newmark has over 4,600 employees in over 120 offices.
Together with London-based partner
Knight Frank and independently-owned offices, NKF's 15,000
professionals operate from more than 400 offices in established and
emerging property markets in over 60 countries on six continents.
With roots dating back to 1929, NKF's strong foundation makes it
one of the most trusted names in commercial real estate. We offer a
complete suite of services and products for both owners and
occupiers across the entire commercial real estate industry.
Our investor/owner services and products include investment
sales, agency leasing, property management, valuation and advisory,
diligence, underwriting and, under trademarks and names like
Berkeley Point and NKF Capital Markets, government sponsored
enterprise lending, loan servicing, debt and structured finance and
loan sales. Our occupier services and products include tenant
representation, real estate management technology systems,
workplace and occupancy strategy, global corporate services
consulting, project management, lease administration and facilities
management. We enhance these services and products through
innovative real estate technology solutions and data analytics
designed to enable our clients to increase their efficiency and
profits by optimizing their real estate portfolio. We have
relationships with many of the world's largest commercial property
owners, real estate developers and investors, as well as Fortune
500 and Forbes Global 2000 companies. For further information,
visit www.ngkf.com.
Newmark, which is listed on the NASDAQ Global Select Market
under the symbol "NMRK", is a publicly traded subsidiary of BGC
Partners, Inc. ("BGC"), a leading global brokerage company
servicing the financial and real estate markets. BGC's common stock
trades on the NASDAQ Global Select Market under the ticker symbol
"BGCP". BGC also has an outstanding bond issuance of Senior Notes
due June 15, 2042, which trade on the
New York Stock Exchange under the symbol
"BGCA".
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.
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 and BGC's Securities and Exchange
Commission filings, including, but not limited to, any updates to
such risk factors contained in subsequent Forms 10-K, 10-Q, or
Forms 8-K.
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SOURCE Newmark Group, Inc.