Newmark Ranks No. 1 in Student Housing Investment Sales in the U.S. in 2024

Core Insights - Newmark Group, Inc. led the U.S. student housing investment sales in 2024, achieving the top broker ranking according to Real Capital Analytics and Real Estate Alert [1][3] - The student housing capital markets transaction volumes in the U.S. surged by 58% year-over-year in 2024, with significant growth observed in the second half of the year [1][4] - The strong performance in the student housing sector is attributed to rapid enrollment growth at top-tier universities, attracting increased investor interest in high-demand areas [1][3] Industry Performance - In the fourth quarter of 2024, Newmark facilitated student housing property sales and financings totaling over $1.5 billion [2] - The overall transaction volume for the student housing sector in 2024 reached just under$9.5 billion, marking a 58% increase from 2023 [4] - The second half of 2024 saw particularly robust quarterly volume increases of 92% and 91% year-over-year [4] Company Overview - Newmark generated revenues of nearly $2.8 billion for the twelve months ending December 31, 2024, and operates approximately 170 offices with over 8,000 professionals globally [5]