The exchange offer, previously scheduled to expire at 5:00 p.m., New York City time, on Friday, July 12, 2024, will now expire at 5:00 p.m., New York City time, on Wednesday, July 17, 2024, unless further extended. Approximately $473.8 million in aggregate principal amount, or 99.7%, of the outstanding Old Notes were tendered in the exchange offer as of 5:00 p.m., New York City time, on July 12, 2024 (which excludes certain Old Notes, as detailed below). The Company's controlling stockholder, Cantor Fitzger ...

NEW YORK, July 15, 2024 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading commercial real estate adviser and service provider to large institutional investors, global corporations, and other owners and occupiers, today announced that it had extended its offer (the "exchange offer") to exchange up to $475 million aggregate principal amount of its outstanding 7.500% Senior Notes due 2029 (the "Old Notes") for an equivalent amount of its 7.500% Senior Notes due 2029 reg ...

Core Viewpoint - Newmark Group, Inc. has extended its exchange offer for up to $475 million of its outstanding 7.500% Senior Notes due 2029, allowing holders to exchange for registered notes under the Securities Act of 1933 [1][5] Group 1: Exchange Offer Details - The exchange offer was initially set to expire on July 10, 2024, but has been extended to July 12, 2024 [4] - Approximately $473.7 million, or 99.7%, of the outstanding Old Notes were tendered in the exchange offer as of the previous expiration date [4] - The controlling stockholder, Cantor Fitzgerald, L.P., holds $125 million of the Old Notes but will not participate in the exchange offer [2] Group 2: Company Overview - Newmark is a leading commercial real estate adviser and service provider, generating approximately $2.5 billion in revenues for the year ended December 31, 2023 [7] - The company operates around 170 offices globally with a workforce of 7,400 professionals [7] - Newmark's services are tailored to a diverse client base, including institutional investors, global corporations, and various property owners and occupiers [7]

Core Viewpoint - Newmark Group, Inc. has extended its exchange offer for up to $475 million of its outstanding 7.500% Senior Notes due 2029, allowing holders to exchange for registered notes under the Securities Act of 1933 [1][2] Company Overview - Newmark is a leading commercial real estate adviser and service provider, catering to large institutional investors, global corporations, and other owners and occupiers [1][3] - For the year ended December 31, 2023, Newmark generated revenues of approximately $2.5 billion and operated approximately 170 offices globally with 7,400 professionals [3] Exchange Offer Details - The exchange offer was initially set to expire on July 10, 2024, but has been extended to July 12, 2024 [5] - As of July 10, 2024, approximately $473.7 million, or 99.7%, of the outstanding Old Notes were tendered in the exchange offer [5] - The exchange offer is being conducted under a prospectus filed with the Securities and Exchange Commission [2] Stakeholder Information - Cantor Fitzgerald, L.P., the controlling stockholder of the Company, holds $125 million of the outstanding Old Notes but will not participate in the exchange offer [9]

NEW YORK, July 2, 2024 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading commercial real estate advisor and service provider to large institutional investors, global corporations, and other owners and occupiers, today announced the details of its second quarter 2024 financial results press release and conference call. The Company plans to issue an advisory press release regarding the availability of its consolidated quarterly financial results at 8:00 a.m. ET on Frid ...

The live webcast of Newmark's Presentation for the IDEAS Investor Conference will be available to the public through the webcast link on June 13, 2024, at 7:55 a.m. ET, https://wsw.com/webcast/threepa43/nmrk/2232448 and in the investor relations section of the company's website: https://ir.nmrk.com. Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries ("Newmark"), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark's comprehensive su ...

Core Points - Newmark Group, Inc. announced an exchange offer for up to $475 million aggregate principal amount of its outstanding 7.500% Senior Notes due 2029 for registered Exchange Notes [4] - The exchange offer is part of the Company's obligations under a registration rights agreement related to the issuance of the Old Notes and does not represent a new financing transaction [6] - The exchange offer will expire on July 10, 2024, at 5:00 p.m. New York City time, unless extended [6] Company Details - The Company's controlling stockholder, Cantor Fitzgerald, L.P., holds $125 million of the $600 million aggregate principal amount of outstanding Old Notes and will not participate in the exchange offer [2] - After the exchange offer, the Company plans to file a shelf registration statement to allow Cantor to resell the Old Notes [2] Forward-Looking Statements - The document contains forward-looking statements regarding Newmark's business, financial position, and outlook, which are subject to risks and uncertainties [3]

Group 1 - The company issued and sold $600 million aggregate principal amount of Old Notes in January 2024 through a private offering [1] - An exchange offer is being made to exchange up to $475 million aggregate principal amount of outstanding 7.500% Senior Notes due 2029 for registered Exchange Notes [5] - The exchange offer will expire at 5:00 p.m. on July 10, 2024, unless extended, and tenders of Old Notes must be made before this expiration [2] Group 2 - The exchange offer is part of the company's obligations under a registration rights agreement related to the Old Notes and does not represent a new financing transaction [2] - The company's controlling stockholder, Cantor Fitzgerald, L.P., holds $125 million of the Old Notes but will not participate in the exchange offer [6] - After the exchange offer, the company plans to file a shelf registration statement to allow Cantor to resell the Old Notes [6]

Mr. Rispoli's investor panel on June 11, 2024, will not be webcast. Interested institutional investors should contact their Morgan Stanley representative. 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 Company's business, results, financial position, liquidity, an ...

NEW YORK, June 10, 2024 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading commercial real estate advisor and service provider to large institutional investors, global corporations, and other owners and occupiers, today announced that Michael Rispoli, Chief Financial Officer will participate in a panel and one-on-one meetings at the Annual Morgan Stanley Financials, Payments & CRE Conference on Tuesday, June 11, 2024, and Jason McGruder, Head of Investor Relations wil ...