Newmark Capital Markets has announced the strategic addition of Tyler Meyerdirk and Seth McKinnon as senior managing directors.
Meyerdirk comes to Newmark Capital Markets from CBRE where he was a senior vice president and member of the CBRE Capital Markets team, specializing in the sale and recapitalization of investment properties for institutional clients. In his new role, he will work alongside Newmark Capital Markets Vice Chairman Steven Golubchik building upon Newmark Capital Market’s existing presence in San Francisco and Oakland.
During Meyerdirk’s tenure at CBRE, he was involved in over 220 transactions representing more than $13 billion in sales, and encompassing approximately 63 million square feet in the San Francisco Bay Area and Pacific Northwest.
McKinnon joins Newmark Capital Markets from CBRE where he served as the first vice president of the CBRE Capital Markets Group. Over the course of his 15 years of experience, McKinnon has been involved in more than $4.5 billion of investment real estate transactions. His transaction experience covers a wide range of Bay Area geography as well as deal size, ranging from smaller suburban transactions for private clients to large institutional transactions in the San Francisco CBD.
“Tyler and Seth join Newmark Capital Markets at an important time. We have been focused on consistently delivering top-tier execution for our clients and have gained substantial market share in the last two years. With their expertise and relationships, we will further expand our reach throughout the Bay Area, with a deeper focus in San Francisco, giving clients access to even more opportunities,” Golubchik added.
At Newmark, McKinnon will be part of the Northern California Capital Markets Team that is co-headed by Steven Golubchik. McKinnon will strategically partner with team members in the Walnut Creek and Santa Clara offices to expand their client base with a focus on middle market sales throughout the Bay Area.
“Tyler and Seth are tremendous additions to our growing capital markets platform. I have known them both for some time and they are very talented individuals with a strong work ethic and great industry reputations. They are collaborative team players, which is critical to the success of our Newmark culture,” said Newmark Capital Markets Co-Head of U.S. Capital Markets Kevin Shannon.
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
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. 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 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.