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NEW YORK - Newmark Group, Inc. (NASDAQ:NMRK), whose stock has surged over 67% in the past six months and currently commands a market capitalization of $4.16 billion, announced Tuesday it has acquired RealFoundations, a Dallas-based professional services firm specializing in real estate management consulting and managed services. According to InvestingPro, Newmark stands as a prominent player in the Real Estate Management & Development industry.
The acquisition enhances Newmark’s Investor Solutions suite, strengthening its fund and asset management capabilities for institutional clients across the U.S., Europe and Asia-Pacific regions. This strategic move comes as the company maintains strong financial health, with revenues reaching $2.98 billion in the last twelve months.
RealFoundations brings more than 500 employees who currently support approximately 500 companies globally. The firm provides data management, transaction support, performance analytics, valuation services and strategic consulting to real estate investment managers and institutional investors.
"We are investing in scaled advisory and managed services capabilities that match the complexity of today’s institutional clients across the full asset lifecycle," said Barry Gosin, Chief Executive Officer of Newmark Group.
The RealFoundations leadership team will continue to lead the business under the brand Newmark RF, maintaining service continuity while expanding its reach under the Newmark umbrella. Chris Shaida, Founder and CEO of RealFoundations, will serve as President of Newmark RF.
This acquisition aligns with Newmark’s strategic goal to grow its recurring Management Services and Servicing revenue to more than $2 billion by 2029. The company reported revenues of over $2.9 billion for the twelve months ended June 30, 2025.
The transaction strengthens Newmark’s Managed Services for investor clients, which now includes more than 1,000 professionals worldwide. Financial terms of the acquisition were not disclosed, according to the company’s press release statement.
In other recent news, Newmark Group, Inc. reported second-quarter 2025 earnings that significantly exceeded analyst expectations. The company achieved an adjusted earnings per share of $0.31, surpassing the forecast of $0.252, and reported revenue of $759.1 million, which was above the projected $685.15 million. This performance marked a 20% year-over-year revenue growth across all business lines, driven by recent broker additions and a scalable platform. Following these results, JMP Securities reiterated its Market Outperform rating on Newmark Group and raised its price target to $19 from $17.
Additionally, Fitch Ratings upgraded Newmark’s commercial primary servicer rating to ’CPS2+’ from ’CPS2’, reflecting the company’s improved servicing of commercial mortgage loans and enhanced operational stability. In a strategic move to expand its presence in the western United States, Newmark formed an alliance with Mountain West Commercial Real Estate. This partnership will operate as Newmark Mountain West, serving clients in Utah, Idaho, Wyoming, Montana, and Nevada. These developments highlight Newmark’s continued growth and strategic initiatives in the real estate sector.
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