Lynch brings 20 years of valuation and consulting experience to his position and will serve as an asset to the Multifamily Specialty Practice within V&A, specializing in HUD-backed securities work. He has performed market feasibility studies for multifamily developments as well as appraisals and market analyses of existing and proposed multifamily developments under the Department of Housing & Urban Development’s (HUD) Multifamily Accelerated Processing (MAP) Program. While Lynch will focus on Multifamily work, he is deeply experienced with many other property types, including healthcare, office, shopping centers and vacant land.
“Kevin has a unique skill set and has distinguished himself throughout his career,” said V&A Senior Managing Director, Market Leader - Southeast and Specialty Practice Leader - Multifamily, Raymond Higgins. “He is a wonderful addition to our team, as he brings a wealth of expertise and knowledge to our practice, which will enhance our dynamic platform.”
Lynch started in the appraisal business in June of 1998 as a fee appraiser. Most recently, he was an executive director in the V&A group of Cushman & Wakefield of North Carolina, where he spent his six years building out their HUD practice in the Southeast region of the United States.
“I am proud to join Newmark and look forward to leveraging my experience with the V&A team,” said Lynch. “I am confident that this will galvanize our expansion and further develop our business platforms in the Southeast.”
Lynch is a certified general real estate appraiser in Virginia, Georgia, North Carolina and South Carolina. He holds a real estate broker’s license in the state of North Carolina and is a candidate for MAI designation with the Appraisal Institute.
Newmark (“Newmark”), operated by Newmark Group, Inc. (“Newmark Group”) (NASDAQ: NMRK), is one of the world’s leading and most trusted commercial real estate advisory firms, offering a complete suite of services and products for both owners and occupiers. Together with London-based partner Knight Frank and independently-owned offices, Newmark’s 16,000 professionals operate from approximately 430 offices on six continents. Newmark’s investor/owner services and products include investment sales, agency leasing, property management, valuation and advisory, diligence, underwriting, government-sponsored enterprise lending, loan servicing, debt and structured finance and loan sales. Occupier services and products include tenant representation, real estate management technology systems, workplace and occupancy strategy, global corporate services consulting, project management, lease administration and facilities management. For further information, visit www.ngkf.com. Newmark is a publicly traded subsidiary of BGC Partners, Inc. (“BGC”) (NASDAQ: BGCP), a leading global brokerage company servicing the financial and real estate markets.
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.