Newmark is pleased to announce Brian Ezratty and Ronald Solarz have joined to start its new Private Client Group. Ezratty will join as vice chairman and Solarz will be executive managing director. They will be joined by Karlene Channer, Scott Ellard, Jason Shein and Jonny Yuran.
Most recently, Brian Ezratty served as vice chairman of Eastern Consolidated, one of the New York City areas largest investment-sales brokerage firms, where he started in 1985. Throughout his career, he has been responsible for the sale of over $14 billion of commercial real estate.
“We’re thrilled to elevate Newmark’s platform with its new Private Client Group,” said Ezratty. “This specialized Group will focus on cultivating new client relationships and generating countless new opportunities for Newmark. We look forward to leveraging our industry expertise with our new team.”
Ronald Solarz’s most recent position was also at Eastern Consolidated where he served as an executive managing director. With over 30 years in the industry, Solarz specializes in commercial property and land sales and is responsible for more than $9 billion in transactions throughout the five boroughs.
Added Solarz, “Joining Newmark in the height of its expansion in attracting top talent is a thrilling opportunity and we’re excited to get started. We’re in great company alongside such notable industry veterans.”
“Having Brian and Ron along with their team join Newmark to start the Private Client Group will help our capital markets platform grow at a time of great success and expansion in New York and throughout the country, serving clients with a wide range of investment requirements through their deep experience with the sale of commercial property as well as land sales,” said Newmark Chief Executive Officer Barry Gosin.
“Brian and Ron joining our capital markets group is critical to Newmark’s national expansion, as they possess decades of industry expertise which will be instrumental in starting Newmark’s Private Client Group,” said President & Chief Strategy Officer James D. Kuhn. “Our institutional team has $4 billion in the marketplace and has had several notable deals like the $1.5 billion Parker Portfolio, the 350,000 SF Blackstone office building, the $1.6 million site in LIC, 1100 units in Bay Ridge in contract with Jonathan Rose and the 900-unit high line site recently certified by Douglaston. Newmark’s Debt & Structured Finance Group, under the leadership of Dustin Stolly and Jordan Roeschlaub has become one of the most active capital markets teams in the City.”
Ezratty’s career highlights include winning the Real Estate Board of New York’s Most Ingenious Deal of the Year Award for his sale of the Ed Sullivan Theater and office building to CBS.
Solarz has won several awards from prestigious organizations such as CoStar, Real Estate Weekly, Real Estate Forum, and Commercial Property News, and in his previous firm has arranged more than 90 development site sales.
About Newmark Capital Markets
Newmark Capital Markets, operated by Newmark Group, Inc., is one of the world’s leading commercial real estate advisory firms. Together with London-based partner Knight Frank and independently-owned offices, our 16,000 professionals operate from approximately 430 offices in established and emerging property markets on six continents.
We provide access to a wide range of services, including asset sales, sale leasebacks, mortgage and entity-level financing, equity raising, underwriting and due diligence. The transactions we broker involve vacant land, new real estate developments and existing buildings. We specialize in arranging financing for most types of value-added commercial real estate, including land, condominium conversions, subdivisions, office, retail, industrial, multifamily, student housing, hotels, data center, healthcare, self-storage and special use. For further information, visit www.ngkf.com/capitalmarkets.
Newmark Group, Inc., which is listed on the NASDAQ Global Select Market under the symbol “NMRK”, is a publicly traded subsidiary of BGC Partners, Inc. (“BGC”), a leading global brokerage company servicing the financial and real estate markets. BGC’s common stock trades on the NASDAQ Global Select Market under the ticker symbol “BGCP”. BGC also has an outstanding bond issuance of Senior Notes due June 15, 2042, which trade on the New York Stock Exchange under the symbol “BGCA”.
Discussion of Forward-Looking Statements about Newmark Group
Statements in this document regarding Newmark Group 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 Group 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 Group’s and BGC’s Securities and Exchange Commission filings, including, but not limited to, any updates to such risk factors contained in subsequent Forms 10-K, 10-Q, or Forms 8-K.