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Newmark Group Soars 10.55% on Western U.S. Expansion

Mover TrackerThursday, May 8, 2025 5:20 am ET

1min read

Newmark Group's stock surged by 10.55% in pre-market trading on May 8, 2025, marking a significant rise that has caught the attention of investors and analysts alike.

Newmark Group has recently expanded its Western U.S. multifamily investment sales team by appointing Adam Berry as Vice Chairman. Berry, a seasoned professional in the Bay Area market, brings a wealth of experience to the role, which is expected to enhance the company's market presence and drive growth in the region.

This strategic move is part of Newmark Group's ongoing efforts to strengthen its leadership team and expand its footprint in key markets. The addition of Berry is seen as a positive development for the company, as it aims to capitalize on the growing demand for multifamily properties in the Western U.S.

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