Newmark Capital Markets has recruited Shin Kim as senior managing director, further building the firm’s capital markets presence with an emphasis on expanding its business with private capital clients.
Kim brings strong experience in handling the disposition and recapitalization of industrial properties at both the regional and national level with a primary focus on the representation of institutional owners as well as high-net worth private individuals, private pension funds, and foreign capital.
“Shin has an outstanding track record having worked with significant owners. He has a broad understanding of the industrial market including landlord and tenant representation, having sold or leased more than 100 million square feet of real estate in his career to date,” said Newmark Capital Markets Co-Head of US Capital Markets Kevin Shannon. “He is going to play a major role in our commitment to provide institutional-quality service to the industrial private capital space.”
“Shin is a great addition, especially at a time when we continue to experience a merging of private and institutional capital pursuing industrial investments,” said Newmark Executive Managing Director Bret Hardy. “More institutional investors are pursuing much smaller infill opportunities, and private capital appetites have expanded into larger industrial acquisitions, which were formerly the domain of the institutional marketplace. Shin’s private capital knowledge and institutional relationships will allow us to best serve our existing and new clientele.”
Prior to joining Newmark Capital Markets, Kim served as first vice president in CBRE’s Orange County office. His experience also includes a management role at Lanier Worldwide Inc., a subsidiary of the Ricoh Corporation where he was responsible for $50 million dollars in sales throughout his tenure.
“Shin is another example of the high-caliber of broker that now recognizes the value proposition at Newmark. We continue to recruit best-in- class professionals in the market, further differentiating our brand throughout Southern California,” said Newmark Executive Vice President Greg May.
“I am excited to be joining Newmark Capital Markets. It is an outstanding group of high performers and the entrepreneurial trajectory of the firm and its West Coast team is extraordinary. This is an important next step and one I look forward to,” shared Kim.
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 15,000 professionals operate from more than 400 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, Inc.
Statements in this document regarding Newmark Group, Inc. 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, Inc. 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, Inc.’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.