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RNewswire – Newmark Group, Inc. (Nasdaq: NMRK) has announced the acquisition of RealFoundations, Inc. and its subsidiaries, a Dallas‑based firm that delivers real‑estate‑focused management consulting and managed services. The deal expands Newmark’s Investor Solutions portfolio, strengthening fund and asset‑management capabilities for institutional clients in the U.S., Europe and Asia‑Pacific.
The acquisition brings five senior leaders into Newmark under the Newmark RF brand: Chris Shaida (Founder & CEO of RealFoundations), David Stanford (EVP Growth), John Seaton (EVP Revenue), Dan Sterk (EVP Managed Services) and Phillip McCorkle (EVP Management Consulting). They will continue to lead the business, now part of Newmark’s Investor Solutions group, while leveraging Newmark’s global platform and capital‑markets relationships.
Barry Gosin, CEO of Newmark Group, said the purchase “invests in scaled advisory and managed services that match the complexity of today’s institutional clients across the full asset lifecycle.” He added that RealFoundations will help Newmark reach its target of more than $2 billion in recurring Management Services and Servicing revenue by 2029.
RealFoundations employs over 500 professionals who support roughly 500 companies worldwide. The firm is known for data management, transaction support, performance analytics, valuation services and strategic consulting. Its technology and end‑to‑end workflow systems enable clients to scale back‑office functions while gaining real‑time portfolio visibility. Lou Alvarado, COO of RealFoundations, noted that the consulting and managed‑services model “strengthens our ability to offer clients integrated investment services that support performance and client‑service delivery.” By combining RealFoundations’ delivery model with Newmark’s capital‑markets platform, the partnership will accelerate client growth with greater speed, efficiency and insight.
Newmark’s Managed Services now includes more than 1,000 professionals globally, delivering Data Services, Lease Administration, Accounting, Reporting, Asset Services and a newly launched Fund Administration platform at scale. RealFoundations adds advanced technology, consulting expertise and a complementary client base of leading REITs, investment managers and owners across office, retail, industrial, multifamily and single‑family sectors, further expanding Newmark’s institutional reach.
Shaida said joining Newmark is a “natural next step” for RealFoundations, noting shared commitment to intelligent, client‑focused solutions. The leadership team will work with Ania Jastrzebska, Senior Managing Director of Global Managed Services, to integrate services and expand geographic reach under the Newmark brand.
Newmark has grown its U.S. capital‑markets share over the past decade, nearly tripling investment‑sales market share and increasing commercial and multifamily originations sixfold since 2015. The firm was the top U.S. office‑sales brokerage in the first half of 2025 and has recently expanded its international footprint by hiring leading investment‑sales and debt‑advisory professionals in the U.K., France and Germany.
Transaction terms were not disclosed. G‑Side Capital Advisors served as exclusive financial advisor to RealFoundations. Newmark RF’s financial results will be incorporated into the Company’s recurring Management Services and Servicing businesses.
For more information, visit realfoundations.net.
About Newmark
Newmark Group, Inc. (Nasdaq: NMRK) is a global leader in commercial real‑estate advisory, providing services across the entire property life cycle. The firm’s comprehensive suite of solutions is tailored to owners, occupiers, investors, founders and startups. With a global reach and deep market intelligence, Newmark serves clients worldwide. For the twelve months ended June 30 2025, Newmark generated revenues of over $2.9 billion. As of June 30 2025, the Company and its partners operated from 165 offices with more than 8,400 professionals across four continents. Visit nmrk.com or follow @newmark.
Forward‑Looking Statements
This release contains forward‑looking statements that involve risks and uncertainties. Actual results may differ materially from those expressed or implied. Newmark has no obligation to update these statements except as required by law. For additional risk factors, see Newmark’s SEC filings.
