Newmark announced it has appointed Michael Sheinkop as Executive Vice President and Regional Managing Director of its U.S. Northwest Region. Michael will oversee operations of the firm’s 15 regional offices as well as provide direct strategic management for the San Francisco office.
In this role, Michael will drive market growth and client service delivery for all aspects of the company’s investor/owner and occupier service lines, including investment sales, agency leasing, property management, valuation and advisory, debt and structured finance and loan sales, tenant representation, workplace and occupancy strategy, global corporate services consulting and project and facilities management. Chuck Seufferlein, Newmark’s President, Northwestern Region, will continue to supervise licensed activity within brokerage operations and serve as a strategic advisor within regional brokerage management.
“The Pacific Northwest region, specifically Northern California, is one of the most important micro-economies in the U.S.,” said Luis Alvarado, Newmark’s Chief Revenue Officer. “In recognizing the region’s vitality, positioning Newmark for continued long-term growth and our vast client base, we were intentional to appoint Michael, one of our top senior executives, to stimulate our market expansion and further advance our capabilities in the region.”
Michael has more than 30 years of industry and business expertise, most recently at the forefront of Newmark’s brokerage recruiting and acquisitions reinforcing the company’s exponential growth in the recent years. Michael’s ability to quickly engage in this role is rooted in his long-standing relationships in the Northwest due to his ongoing involvement since the 2014 acquisition of legacy Cornish & Carey Commercial, as well as his recruitment of the founding brokerage professionals in the firm’s Seattle/Bellevue office.
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 18,000 professionals operate from approximately 480 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
Statements in this document regarding Newmark 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 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’s Securities and Exchange Commission filings, including, but not limited to, the risk factors and Special Note on Forward-Looking Information set forth in these filings and any updates to such risk factors and Special Note on Forward-Looking Information contained in subsequent reports on Form 10-K, Form 10-Q or Form 8-K.