Newmark: Why the Company Could be a Winner in the Transformation of the Real Estate Industry
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Newmark is a leading, diversified services and technology company in the commercial real estate sector. The business model is resilient, as it is based on diversified revenue streams. In addition to commission-based revenue from transactions, Newmark also generates recurring revenue from long-term management contracts and technology offerings. Newmark is strategically positioned to benefit from the digital transformation of the real estate industry, expansion into new markets, and the trend of companies towards comprehensive outsourcing...
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