March 19, 2024 9:00 AM
Newmark[1]
announces the promotion of Nick DiPaolo to Executive Vice President, Regional Managing Director, Southwest Market Leader. DiPaolo will oversee strategic operations and performance inclusive of 11 offices and nearly 500 professionals across Southern California, Arizona and Nevada.
DiPaolo has spent 17 years in the industry. In his previous role as Market Leader for the Greater Los Angeles region, DiPaolo is credited with bringing on more than a dozen hires in the past 14 months across various specialties including capital markets, office leasing, industrial, life sciences and debt and structured finance.
“We are proud to announce Nick’s promotion to Southwest Market Leader, building upon his exceptional leadership in the Greater Los Angeles area,” said Kevin McCabe, Western Region President. “His role in guiding and driving Newmark’s service offerings, client advocacy and attracting top multi-market talent showcases his dedication to our team and values.”
Key hires who have joined Newmark during DiPaolo’s role as Market Leader for the Greater Los Angeles region include Jonathan Firestone, Andrew Jennison and Dan Pickart, Suzanne Lee, Rick Reeder and Brad Tecca, Bill Fishel, Kevin Donner, Tony Malk, Shaun Siles, Katie Cowan and Connor Reeves.
“I am honored to step into the role to further our regional momentum and lead Newmark’s objectives, ensuring unparalleled advisory services to our clients,” said DiPaolo.
Prior to joining Newmark, DiPaolo oversaw Cushman & Wakefield brokerage operations for the Los Angeles region and the San Diego market. Previously, he spent 12 years at CBRE in office leasing. DiPaolo earned a bachelor’s degree from Arizona State University’s W.P. Carey School of Business.
[1] Dba Newmark Knight Frank in California
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 year ending December 31, 2023, Newmark generated revenues of approximately $2.5 billion. Newmark’s company-owned offices, together with its business partners, operated from approximately 170 offices with 7,400 professionals around the world. To learn more, visit nmrk.com or follow @newmark.
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. These include statements about the Company’s business, results, financial position, liquidity, and outlook, which may constitute forward-looking statements and are subject to the risk that the actual impact may differ, possibly materially, from what is currently expected. 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.