August 29, 2022 10:00 AM
Newmark announces the hiring of industry veteran Allison DiGiovanni as Executive Vice President and Market Leader of the Mid-Atlantic region, effective August 29th. DiGiovanni, based in Newmark’s Washington, DC office, will be responsible for guiding and driving Newmark’s full spectrum of service offerings, managing strategic planning, revenue growth and profitability, recruitment and business development. She will work to strategically further client advocacy goals and objectives of the region in alignment with the firm’s national initiatives and direction.
“Allison’s extensive experience, reputation for excellence and unique leadership approach are tremendous assets underpinning and advancing the priorities of the Mid-Atlantic region,” said Lou Alvarado, Chief Revenue Officer and East Region Market Leader. “She brings a wealth of experience across multiple facets of the industry, as well as strong relationships with stakeholders across the region.”
Prior to joining Newmark, DiGiovanni spent more than eight years at MRP Realty as Senior Managing Director and Co-Head of its office group, where she was responsible for service delivery, operations and business plan execution for its owned office portfolio and fee-managed assets. In this role, she oversaw more than 100 employees and partnered with senior management to execute strategic business plans. Prior, DiGiovanni was a Director at Republic Properties, where she was responsible for the firm’s three-million-square-foot Washington Metro portfolio of office, retail and new development properties. Her experience also includes roles with Brookfield Properties, CarrAmerica Realty and Carr Properties. DiGiovanni earned a bachelor’s degree from Syracuse University.
“I am thrilled to join Newmark and take on this exciting leadership role,” said DiGiovanni. “I look forward to leveraging the experience and relationships I’ve made over my career to further build on Newmark’s Mid-Atlantic region’s market reputation.”
About Newmark
Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries (“Newmark”), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark’s comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform’s global reach with market intelligence in both established and emerging property markets, Newmark provides superior service to clients across the industry spectrum. Newmark generated revenues of nearly $3.2 billion for the twelve months ending June 30, 2022. Newmark’s company-owned offices, together with its business partners, operate from approximately 170 offices with 6,500 professionals around the world. To learn more, visit nmrk.com or follow @newmark.
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