Newmark Continues the Expansion of Southeast, Hiring Multifamily Capital Markets Team

December 9, 2024 9:00 AM

Newmark announces that Christopher Lyon and Brooks Colquitt have joined the firm as Senior Managing Directors, Capital Markets in the Southeast region. In their new roles, Lyon and Colquitt will work with Vice Chairmen David Gutting and Derrick Bloom and Senior Managing Director Hunter Amos, concentrating on multifamily investment sales in Georgia and Alabama. Colquitt will sit in Atlanta, while Lyon will be based in Mobile, Alabama.

“The southeast is a critical growth market for Newmark, and the addition of Christopher and Brooks reflects our commitment to investing in this vibrant region,” said Chad Lavender, President of Capital Markets for North America at Newmark. “These hires strengthen our multifamily platform, allowing us to better serve our clients with innovative, tailored solutions in one of the country’s busiest and most important sectors.”

As of the third quarter of 2024, the Southeast region has been the country’s busiest for multifamily investment sales transactions, accounting for 29.5% of U.S. multifamily activity since 2021. Over that same period, Atlanta has seen the second-highest transaction volume of any American city, with over $46 billion in trades[1].

Newmark’s Capital Markets talent in Atlanta has materially deepened in recent months through strategic hires such as Conor Lalor in Retail Capital Markets, Ryan Bellows in Industrial & Logistics and the team of Jay O’Meara, Justin Parsonnet and Ryan Reethof in Office.

“We welcome Christopher and Brooks, through whom we plan to solidify our position as a leading multifamily advisor in the southeast,” said Sean Moynihan, Southeast Market Leader. “Their forward-thinking perspective and dedication to client success align perfectly with our vision, enhancing our ability to deliver leading advisory services and drive value for our clients.”

Lyon joins the firm from Modus Capital, which he co-founded in 2021. He had previously worked with Colquitt at Cushman & Wakefield, where both were members of the Sunbelt Multifamily Advisory Group. Over the course of their careers, Colquitt and Lyon have sold a combined total of 110,000 units, representing $8.5 billion in total sales volume.

“Joining Newmark is the ideal next step for our team, especially as we recognize the opportunity to build off the firm’s momentum throughout the southeast,” said Lyon. “The company’s vast resources and talent in the capital markets sector is unmatched, and we look forward to bringing that value to our clients,” added Colquitt.

“Christopher and Brooks bring deep regional expertise and proven track records to our team as we expand our presence along the Gulf Coast,” said Gutting. “We look forward to further strengthening our multifamily services and delivering exceptional outcomes for our clients across this active market.”

[1] According to data from MSCI Real Capital Analytics

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 twelve months ended September 30, 2024, Newmark generated revenues of approximately $2.6 billion. As of that same date, Newmark’s company-owned offices, together with its business partners, operated from nearly 170 offices with more than 7,800 professionals around the world. To learn more, visit nmrk.com or follow @newmark.

Discussion of Forward-Looking Statements about Newmark
Statements in this document regarding Newmark 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. These include statements about the Company’s business, results, financial position, liquidity, and outlook, which may constitute forward-looking statements and are subject to the risk that the actual impact may differ, possibly materially, from what is currently expected. Except as required by law, Newmark 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’s Securities and Exchange Commission filings, including, but not limited to, the risk factors and Special Note on Forward-Looking Information set forth in these filings and any updates to such risk factors and Special Note on Forward-Looking Information contained in subsequent reports on Form 10-K, Form 10-Q or Form 8-K.