NKF Rolls Out Unified Multifamily Platform
- Oct 25, 2018
Newmark Knight Frank has made the change to operate its multifamily real estate services businesses under the Newmark Knight Frank brand. ARA, A Newmark Co. and Berkeley Point Capital have combined to create one platform. In addition to this, NKF Capital Markets and Newmark Cornish & Carey will now all be rebranded under the same name.
Throughout 2017, the ARA Newmark and Berkeley Point Capital partnership completed $28 billion in transaction volume. The rebranding initiative includes integrating the firm’s service lines in capital markets, global corporate services, leasing and property, as well as facilities management across multifamily, office, hotel, retail, industrial and healthcare.
The Newmark Knight Frank Multifamily Capital Markets team will be led by President & Head of Multifamily Capital Markets Jeff Day, Head of Multifamily Investment Sales Blake Okland and Head of Multifamily Debt & Structured Finance Mike May.
“We are excited to have a unified brand with a best in class value proposition. As the industry continues to evolve, our clients require increasingly sophisticated products and services that will provide them with a competitive advantage,” Day told Multi-Housing News. “Our highly qualified team now offers our clients access to global resources in 430 offices spanning six continents.”
BCG Partners Inc., Newmark Knight Frank’s parent company, acquired Berkeley Point Financial LLC in 2017 for $875 million. In 2014, BCG acquired Apartment Realty Advisors, which was rebranded into ARA, A Newmark Co.
Image courtesy of Newmark Knight Frank