Newmark Group Intends To Raise $100 Million In U.S. IPO

10/30/17

Quick Take

Newmark Group (NMRK) has filed an S-1 registration to raise $100 million in a U.S. IPO of its Class A common stock.

The firm offers a range of commercial services to landlords and investors worldwide via its 15,000-strong workforce.

Newmark wants to go public to continue funding its growth ambitions, but investors should take into account the possibility of a less-benign interest rate environment in the near future.

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