10:00 AM
Newmark is pleased to announce that industry veterans John Ennis and Brett Lake, MAI have recently joined Newmark Valuation & Advisory (V&A) as senior vice presidents in the Financial Reporting practice. Mr. Ennis and Mr. Lake bring more than 45 years of combined industry experience to the Whippany, New Jersey office.
“We’re incredibly excited to have these two seasoned financial reporting professionals join our growing V&A team to provide industry-leading services,” said V&A Financial Reporting Practice Leader John Corbett, MAI, ASA, FRICS. “Newmark’s clients will benefit from Brett and John’s expertise in navigating complex financial, accounting, tax and regulatory issues.”
The Newmark V&A Financial Reporting group is a premier service provider, bringing a comprehensive awareness of regulatory standards and property-specific insights to deliver strategic guidance to multinational corporations, public and private REITs, private equity groups and funds.
Mr. Ennis brings more than 25 years of U.S. and international experience in real estate valuation and analysis. He has served a wide range of clients, including federal agencies, municipalities, financial institutions, insurance companies, REITs, private and public corporations, public utilities and individuals across a full range of property types. Prior to joining Newmark, Mr. Ennis served 12 years with FTI Consulting, a global business advisory firm.
Mr. Lake brings more than 20 years of industry experience focused on consulting and valuation requirements. He has successfully completed valuation and consulting assignments for a complete range of property types. Prior to joining Newmark, Mr. Lake served more than 13 years with FTI Consulting.
“I couldn’t be happier to join a global powerhouse like Newmark,” said Mr. Lake. “Having that kind of breadth and scale behind a talented team of expert financial reporting professionals is a rare opportunity and I look forward to continuing to grow the group and the V&A practice.”
“Financial reporting services requires a high degree of attention to detail,” added Mr. Ennis. “Fostering that detail- and service-oriented culture is no easy achievement, so I could not ask for a better group of professionals to join than Newmark’s Valuation & Advisory team.”
About Newmark
Newmark (“Newmark”), operated by Newmark Group, Inc. (“Newmark Group”) (NASDAQ: NMRK), is one of the world’s leading and most trusted commercial real estate advisory firms, offering a complete suite of services and products for both owners and occupiers. Together with London-based partner Knight Frank and independently-owned offices, Newmark’s 16,000 professionals operate from approximately 430 offices on six continents. Newmark’s investor/owner services and products include investment sales, agency leasing, property management, valuation and advisory, diligence, underwriting, government-sponsored enterprise lending, loan servicing, debt and structured finance and loan sales. Occupier services and products include tenant representation, real estate management technology systems, workplace and occupancy strategy, global corporate services consulting, project management, lease administration and facilities management. For further information, visit www.ngkf.com.
Discussion of Forward-Looking Statements about Newmark Group
Statements in this document regarding Newmark Group 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. Except as required by law, Newmark Group undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see Newmark Group’s Securities and Exchange Commission filings, including, but not limited to, any updates to such risk factors contained in subsequent Forms 10-K, 10-Q, or Forms 8-K.