Newmark Promotes Steven Golubchik to Executive Vice Chairman and President, Western Region Capital Markets
A critical chief in Newmark’s ascendant Cash Marketplaces observe, Golubchik will construct on the platform’s rapid advancement in Northern California and information its ongoing expansion in crucial West Coastline markets
SAN FRANCISCO, March 30, 2022 /PRNewswire/ — Newmark announces the advertising of Steven Golubchik to Executive Vice Chairman and President, Western Location Cash Markets.
Newmark’s growth into new markets is illustrative of the continued excellence and upward trajectory of one of the speediest-increasing Cash Marketplaces tactics in the environment.
Since signing up for Newmark in 2016, Golubchik has founded the firm’s Money Marketplaces apply as 1 of the most active actual estate expenditure sales platforms in Northern California. Less than Golubchik’s leadership, the group has expanded to consist of 32 industry experts through the area. The firm oversaw the sale of additional than $5 billion of institutional-grade business, industrial and life science attributes all through Northern California in 2021 by itself.
In his expanded function, Golubchik will work intently with Newmark’s Co-Heads of U.S. Money Marketplaces, Kevin Shannon and Robert Griffin, to further greatly enhance the firm’s marketplace existence in the course of the West Coast markets as very well as nationally.
“As increased cross-border investment carries on to proliferate and Newmark’s roster of Funds Marketplaces clients has continued to develop internationally, it is turn into extra essential than ever that the best authentic estate expense advisors guide our observe in each crucial current market around the world,” claimed Newmark Main Executive Officer Barry Gosin. “Steve is expertly suited to unlock possibilities for both equally U.S. and non-domestic traders trying to get to deploy money into the region’s flourishing business serious estate market.”
Newmark’s enlargement into new markets is illustrative of the continued excellence and upward trajectory of one of the quickest-increasing Funds Markets practices in the environment. Because 2016, Newmark’s regional ranking climbed three spots—to second—in expense product sales transaction volume in Northern California, with an about 20 % improve in industry share, centered on Serious Funds Analytics facts.
“As we increase closer to our purpose of being amount one particular in Capital Marketplaces, Steve is an integral element of our management group,” stated Shannon. “His vast information and deep network of interactions have been invaluable, and we’re very pleased that he is manufactured a lengthy-term motivation to work with me to broaden our observe all through the western U.S.”
“As Newmark carries on its momentum in every single top rated-tier, major investment decision market—domestically and beyond—we are committed to elevating and advertising incredible talent,” included Griffin. “Steve’s achievements and his robust shopper connections in the Funds Marketplaces room are a testament to his issue-subject experience.”
Golubchik, who serves on Newmark’s national Capital Markets committee, has shut extra than $40 billion in transactions encompassing much more than 50 million square toes all through the span of his 18-year occupation. Identified by Newmark as a person of the firm’s top rated financial commitment industry experts, his accomplishments have also acquired him many prestigious marketplace awards and recognitions.
“Leading the apply in Northern California in excess of the previous 6 many years, at a time when clientele have required modern strategies to navigate a immediately evolving investment landscape, has been a gratifying knowledge,” claimed Golubchik. “In this expanded job, I seem ahead to applying my knowledge in a broader context as portion of the hard work to cement Newmark as the most respected and sought-following Capital Marketplaces system in the earth.”
Newmark Group, Inc. (Nasdaq: NMRK), alongside one another with its subsidiaries (“Newmark”), is a planet chief in industrial serious estate, seamlessly powering each and every section of the property existence cycle. Newmark’s extensive suite of companies and goods is uniquely tailor-made to just about every consumer, from house owners to occupiers, investors to founders, and startups to blue-chip providers. Combining the platform’s international reach with market intelligence in the two founded and rising assets marketplaces, Newmark provides excellent services to clients across the business spectrum. Newmark generated revenues in excess of $2.9 billion for the yr ending December 31, 2021. Newmark’s firm-owned places of work, jointly with its business associates, operate from about 160 offices with over 6,200 industry experts around the globe. To discover a lot more, visit nmrk.com or follow @newmark.
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