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Stock impact report

New York Firm Acquires Dallas Real Estate Managed Services Company RealFoundations [Yahoo! Finance]

Newmark Group, Inc. - Class A (NMRK) 
Last newmark group, inc. - class a earnings: 2/13 08:01 am Check Earnings Report
US:NASDAQ Investor Relations: ir.bgcpartners.com/investors/default.aspx
Company Research Source: Yahoo! Finance
Dallas-based real estate managed services firm RealFoundations, Inc. and its subsidiaries and affiliates have been acquired by publicly traded, New York City-based Newmark Group, Inc. RealFoundations, a professional services and consulting firm in the real estate sector, is headquartered at 5050 Quorum Drive in Dallas. The company boasts over 500 employees who support 500 companies across the United States, Europe, and the Asia-Pacific region. Newmark says that RealFoundations has developed a reputation as a premier partner to global investment managers and institutional investors. The Dallas-based company provides data management services, performance analytics, transaction support, valuation services, and strategic consulting. According to a press release from Newmark, the acquisition will help it expand its Investor Solutions suite, enhancing the division's ability to provide “market-leading fund and asset management capabilities.” “We are investing in scaled advisory and Show less Read more
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