Newmark posted a strong quarter for revenue, driven by multifamily investment and office leasing on the coasts, but uncertain conditions ahead prompted the brokerage to hold its full-year guidance steady.
The company brought in $888.4M in revenue in the second quarter, up 17% from the same period last year. Newmark raised its full-year revenue guidance to between $3.775B and $3.875B in the first quarter, and it maintained that guidance in Q2. ​