Newmark is pleased to announce Eric Edmondson, MAI has been promoted to Valuation & Advisory (“V&A”) Executive Vice President for the Arkansas, Oklahoma and Northern Louisiana region. Edmonson’s new responsibilities include business development, regional operations and appraisal review. He will report to Stephen Cosby, MAI, AI-GRS, Senior Managing Director and Market Leader for Arkansas, Oklahoma and Northern Louisiana.
“Eric’s outstanding client service, depth of knowledge and dedication to our V&A practice made him the perfect candidate for this role,” said U.S. V&A Co-Lead, Helene Jacobson, MAI, MRICS. “He has worked alongside regional market leader, Steve Cosby, since 2005 and has demonstrated his ability to excel in this new leadership position.”
A commercial real estate veteran with more than 15 years of valuation experience, Edmondson’s expertise extends to a vast array of property types including low-, mid- and high-rise office; big box and going-concern retail; residential subdivisions; proposed, investment-grade and low-income housing tax credit (LIHTC) multifamily; industrial business parks and land. Edmondson is also experienced in a variety of specialty asset types including malls, hospitals, live-performance venues, theaters, golf courses, sports facilities, schools, churches and historic buildings.
Edmondson was previously Senior Vice President of Newmark V&A’s Central Arkansas Region. Prior, Edmondson worked for eleven years as Senior Appraiser and the Central Arkansas Team Leader for CBRE V&A Services and as a Staff Appraiser at Cosby & Associates, Inc.
“It has been a great pleasure working alongside Steve Cosby throughout my career, gaining wide experience and knowledge while being a part of the evolution of the industry,” said Edmondson. “I’m grateful for the opportunity to advance our V&A team—which continues to benefit from best-in-class, proprietary technology—and continue to grow professionally through the Newmark platform.”
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 in excess of $2.5 billion for the trailing twelve months ending September 30, 2021. Newmark’s company-owned offices, together with its business partners, operate from over 160 offices with approximately 6,200 professionals around the world. To learn more, visit nmrk.com or follow @newmark.
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