Newmark Acquires RealFoundations to Expand Global Investor Solutions Platform
Newmark Group, Inc. announced the acquisition of RealFoundations, Inc., a global professional services firm specializing in real estate management consulting and managed services. The acquisition—covering RealFoundations’ subsidiaries and affiliates—marks a major expansion of Newmark’s Investor Solutions suite, positioning the firm to deliver enhanced fund administration, data management, and asset management services to institutional clients across the U.S., Europe, and Asia-Pacific.
“The acquisition of RealFoundations strengthens Newmark’s position as a leading global provider of investor and occupier solutions, advancing our goal to grow recurring management services and servicing revenue to more than $2 billion by 2029,” said Barry Gosin, CEO of Newmark Group, Inc. and Chair of Newmark & Company Real Estate, Inc.
With more than 500 professionals supporting 500 companies worldwide, RealFoundations brings deep expertise in data management, performance analytics, transaction support, valuation, and strategic consulting. Its client base includes leading REITs, investment managers, and institutional property owners across key asset classes—office, retail, industrial, multifamily, and single-family rental—broadening Newmark’s reach in global real estate operations.
Following the transaction, RealFoundations will operate as Newmark RF, part of Newmark’s Investor Solutions group. The leadership team—President Chris Shaida, EVP of Growth David Stanford, EVP of Revenue John Seaton, EVP of Managed Services Dan Sterk, and EVP of Management Consulting Phillip McCorkle—will continue to oversee the business alongside Ania Jastrzebska, Senior Managing Director of Global Managed Services.
Financial terms were not disclosed. G-Side Capital Advisors served as exclusive financial advisor to RealFoundations. Newmark said that Newmark RF’s financial results will be incorporated into its expanding Management Services and Servicing division, reinforcing its strategy of scaling recurring, technology-enabled revenue streams.
Image courtesy of Newmark. Back Row, left to right: Chris Shaida and David Stanford. Front Row: John Seaton, Dan Sterk and Phillip McCorkle.