September 11, 2025 9:00 AM
Newmark announces that Marc R. Shapiro, MAI has been promoted to Practice Leader of its Valuation & Advisory (V&A) Financial Reporting practice. Newmark’s Financial Reporting practice delivers property-specific insight and comprehensive knowledge of reporting standards, offering a full spectrum of services including fair value reporting, purchase price allocations, assurance and benchmarking, impairment testing, fresh start accounting, lease valuation, debt valuation and minority interest valuations. Shapiro will also focus on expanding Newmark’s Alternative Valuation Services, which include Appraisal Review, Cost Segregation, Evaluations, Business Valuation Services and Insurable Value estimates.
“Marc’s promotion underscores Newmark’s commitment to advancing best-in-class expertise within our Valuation & Advisory practice,” said Helene Jacobson
MAI, MRICS, Executive Managing Director, U.S. Practice Lead Valuation & Advisory. “He has been instrumental in strengthening our Financial Reporting capabilities, and his leadership will further elevate Newmark’s ability to deliver tailored, high-value solutions to clients facing intricate valuation, regulatory and legal challenges.”
With three decades of specialized experience, Shapiro’s expertise spans Financial Accounting Standards Board (FASB) and International Accounting Standards Board (IASB) compliance, purchase price allocations, lease valuations, impairment testing, audit support and property and debt valuation. His background also includes extensive experience in valuation assurance and advisory services for both public and private sector clients across the U.S. and internationally. Shapiro, a Senior Managing Director, joined Newmark in 2018 from FTI Consulting, where he led the real estate valuation practice. His career also includes senior roles at Cushman & Wakefield and Albert Valuation Group, Inc.
“I am honored to lead Newmark’s Financial Reporting practice, which has established itself as a trusted resource for clients navigating highly complex financial, regulatory and accounting requirements,” said Shapiro. “We are well-positioned to deliver comprehensive, multidisciplinary solutions that help clients address challenges with confidence and clarity.”
Newmark V&A continues to build momentum with the addition of new specialty practices, including Trusts & Estates, Alternative Valuation Services and Litigation Support, underscoring the platform’s expansion and ability to deliver comprehensive solutions across complex client needs.
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. For the twelve months ended June 30, 2025, Newmark generated revenues of over $2.9 billion. As of June 30, 2025, Newmark and its business partners together operated from 165 offices with over 8,400 professionals across four continents. To learn more, visit nmrk.com or follow @newmark.
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