Jeff Day
NEW YORK CITY–Newmark Knight Frank has combined ARA, a Newmark Company, and Berkeley Point Capital to create one multifamily service platform. With both companies producing a total of over $28 billion in transactions in 2017, it can be counted among the larger national platforms.
Jeff Day, President, Head of Multifamily Capital, tells GlobeSt.com that the combined companies now make up the second largest US multifamily investment platform in terms of volume.
“We now have approximately 525 professionals averaging more than 20 years of experience” he says. “We are proud that our highly qualified team offers clients access to global resources in our 430 offices spanning six continents. Our global footprint has significantly expanded and we will now offer all product types across the various continents.”
NKF is also integrating service lines in their capital markets, global corporate services, leasing plus property and facilities management operation across all its multifamily, retail, office, industrial, hotel and healthcare platforms.
“We are excited to now have a unified brand,” says Day. “We put ourselves on a very structured timeline to carefully strategize and roll out this merger … to our clients just as they are looking at their strategic plans for next year.”
The Newmark Knight Frank Multifamily Capital Markets team is led by Day with Blake Okland as head of Multifamily Investment Sales and Mike May as head of Multifamily Debt & Structured Finance.
Newmark Knight Frank is a commercial real estate advisory firm offering a complete suite of services and products for both owners and occupiers.
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