In a move to enhance end-to-end owner and occupier solutions to clients globally, Newmark Group Inc. announced the unification of its property management and facilities management service lines. With the new structure, Richard Holden has been promoted to president, property and facilities management and Jason Martindale to global facilities management leader.
“We expect our clients to benefit from the synergies between Property and Facilities Management, while also providing owners and occupiers enhanced access to a broader suite of integrated solutions,” said Luis Alvarado, chief operating officer. “By aligning these services, we can optimize operations, drive sustainability and deliver consistent, high-quality solutions that support our clients’ business goals on a global scale. With Newmark’s growing international presence, which includes the acquisition of Gerald Eve and recent launches of brokerage operations in France and Germany, we expect to further expand our global management services footprint as we drive toward our goal of generating over $2 billion of revenues from recurring businesses within five years.”
Holden joined Newmark in December 2019 and has overseen the company’s property management business in the U.S. since May 2021. His expanded oversight will include facilities management for corporate and other occupier clients.
Serving Newmark’s clients around the world since January 2023, Martindale will oversee Newmark’s facilities management services, driving operational excellence and innovation across client portfolios. He leads a global team dedicated to enhancing efficiency and aligning solutions with business objectives.
