ARA, A Newmark Company (ARA Newmark) welcomes multihousing expert Matthew Day as senior managing director in the Central Texas office that serves Austin and San Antonio, the nation’s fastest growing metropolitan area. He is responsible for originating and managing multifamily investment sales across the region, working alongside a team of 26 multihousing specialists in Central Texas led by Vice Chairman Patton Jones.
Prior to joining ARA Newmark, Day held leadership roles in the national investment acquisitions platforms of Fogelman Properties and Steadfast Companies, acquiring over $2.4 billion in multifamily assets across the Midwest, Southwest and Southeast. Since 2012, he has closed 31 deals in Texas with an aggregate value of $1.1 billion.
“We’ve known and worked with Matthew for years and his transaction experience and market knowledge are invaluable,” said Jones, who also directs ARA Newmark’s National Student Housing group and National Manufactured Housing group. “The buy-side expertise he brings to the team will help us better serve our clients and increase our transaction volume capacity.”
Earlier in his career, Day held leadership roles at Wentwood Capital, Fortress and Greystar. While at Wentwood, he handled dispositions, debt restructures, tax return and audit review, and general partner/limited partner resolutions of low income housing tax credits and conventional properties, primarily on the West Coast.
Day holds an undergraduate degree from Texas State University and a master’s degree in business administration from New York Institute of Technology. He is a proud supporter of Wonders & Worries, an Austin-based nonprofit organization that provides professional support for children through a parent’s illness.
“ARA Newmark’s brand is synonymous with best-in-class service, and I look forward to extending its market-leading presence,” said Day.
About ARA, A Newmark Company
ARA, A Newmark Company (ARA Newmark) is the leading investment advisory firm in the multihousing industry. From marketing the sale of single assets and portfolios to, through the Newmark Capital Markets brand, sourcing acquisition and development equity and financing, ARA Newmark provides 360-degree solutions for clients. In addition to market-rate and mixed-use properties, we offer specialized services in land, student, seniors, manufactured and affordable housing.
With the industry’s deepest bench of multihousing advisors, ARA Newmark provides the insight and experience to ensure world-class execution. Our advisors average 20 years’ experience and are the most skillful negotiators in the industry. They are experts in 300+ markets and provide asset-specific customization that yields highly effective transaction strategies. By leveraging our proprietary database that identifies 200 percent more investor interest, each advisor has ready access to unique market intelligence to drive demand.
Backed by the global resources of Newmark, ARA Newmark matches each client’s assets to a robust group of investors - from private and institutional owners to global entities - and accesses nearly every commercial real estate class for options to diversify and profit.
The firm’s combination of asset sales and, through the Newmark Capital Markets brand, debt and equity services and specialty practice groups yields more than $19 billion in transaction volume annually. ARA also works closely with its affiliate Berkeley Point, which is a leading commercial real estate finance company focused on the origination, servicing and sale of multifamily loans through government-sponsored and government-funded loan programs. For more on ARA Newmark’s multihousing-exclusive services, visit www.aranewmark.com.
Newmark and ARA are owned by Newmark Group, Inc., which is listed on the NASDAQ Global Select Market under the symbol “NMRK”. Newmark Group, Inc. 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”.