Newmark : Hires Bryan Beel as Valuation & Advisory Multifamily Specialty Practice Leader

May 14, 2024 9:00 AM

Newmark announces that Bryan Beel has joined the firm as a Senior Managing Director and Multifamily Specialty Practice Lead for Valuation & Advisory (V&A). Based in Raleigh, North Carolina, Beel will provide national leadership with a strategic focus encompassing team expansion, building top industry talent, fostering client relationships and spearheading business development endeavors. He will report to Helene Jacobson, MAI, MRICS, V&A Executive Managing Director and U.S. Practice Lead.

Newmark's V&A Multifamily practice is a key partner for premier mortgage lenders and institutional property owners nationwide. The team's expertise across low-rise to high-rise, garden-style, student housing, condominiums and cooperatives product types aligns with stringent government and GSEs standards, pivotal to the financing, property tax services and financial reporting of multifamily units. Notably, the practice has ascended to become one of the principal appraisal providers for top multifamily financiers Fannie Mae and Freddie Mac.

"The introduction of our new head of the V&A Multifamily practice group signifies a strategic enhancement designed to bolster our market position and continued client excellence," said Jacobson. "Bryan's extensive experience and proven track record in the sector make him a valuable asset to Newmark V&A. We are confident that his leadership and contributions will be instrumental in our continued growth and excellence."

The breadth of Beel's clientele covers agency lenders, banks, life insurance companies, CMBS lenders, debt funds, investors and REITs. His deep-rooted experience spans conventional asset types, focusing on multifamily, affordable housing, build-to-rent and student housing properties. Before joining Newmark, Beel was at CBRE for two decades, where he originated and managed extensive portfolios, resulting in the completion of over 3,000 multifamily valuation assignments along with more than 1,000 office, retail and industrial assignments, highlighting his vast experience and contribution to the field.

"I'm excited to join Newmark and expand the firm's national V&A Multifamily practice," said Beel. "My commitment to enhancing client relations and driving growth through strategic team building aligns perfectly with Newmark's values. I look forward to collaborating with the talented team, further fostering a robust and dynamic Multifamily Specialty Practice."

About Newmark
Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries ("Newmark"), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark's comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform's global reach with market intelligence in both established and emerging property markets, Newmark provides superior service to clients across the industry spectrum. For the year ended December 31, 2023, Newmark generated revenues of approximately $2.5 billion. As of March 31, 2024, Newmark's company-owned offices, together with its business partners, operate from approximately 170 offices with 7,600 professionals around the world. To learn more, visit nmrk.com or follow @newmark.

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