NEW
YORK, Sept. 5, 2023 /PRNewswire/ -- Newmark
announces that its Global Corporate Services (GCS) division
has been awarded a long-term renewal with Hancock Whitney Bank,
further extending the more than decade-long client service contract
and relationship. Named among Forbes' 2023 America's Best Banks,
Hancock Whitney has 180 locations across six states in the Gulf
Coast region, accommodating approximately 3,600 employees.
"We are proud to extend our relationship with Hancock Whitney
and continue leveraging Newmark's broad range of expertise to add
value to their real estate portfolio," said Rick Bertasi, Newmark Chief Executive Officer,
Global Corporate Services.
The engagement covers Hancock Whitney's national portfolio,
including facility management, lease administration, accounting,
transaction management and consulting. Newmark has also committed
to bringing Hancock Whitney enhanced technology solutions as part
of the renewal.
"We are thrilled to bring Hancock Whitney the benefits of
continued hands-on account management with extensive banking
experience over a lean but scalable organizational structure," said
Luis Morejon, Newmark Global
Facilities Management Leader. "In collaboration with the Newmark
Technology team, we have identified proprietary and third-party
technology applications that we believe will provide enhanced data
analysis to inform their strategic portfolio decisions."
"Whitney Hancock has realized
many benefits from working with Newmark over the last nine years.
Their dedication to providing exceptional service and innovative
solutions has helped us achieve our goals and stay ahead of real
estate industry trends. We look forward to continuing our
successful business relationship," said Lenny Sawyer III, Hancock Whitney's Director of
Corporate Real Estate.
About Hancock Whitney
Hancock Whitney Corporation
(Nasdaq: HWC) operates bank offices and financial centers in
Mississippi, Alabama, Florida, Louisiana, and Texas offering comprehensive financial
products and services, including traditional and online banking;
commercial and small business banking; private banking; trust and
investment services; healthcare banking; and mortgage services. The
company also operates combined loan and deposit production offices
in the greater metropolitan areas of Nashville, Tennessee and Atlanta, Georgia. More
at hancockwhitney.com.
About Newmark
Newmark Group, Inc. (Nasdaq: NMRK),
together with its subsidiaries ("Newmark"), is a world leader in
commercial real estate, seamlessly powering every phase of the
property life cycle. Newmark's comprehensive suite of services and
products is uniquely tailored to each client, from owners to
occupiers, investors to founders, and startups to blue-chip
companies. Combining the platform's global reach with market
intelligence in both established and emerging property markets,
Newmark provides superior service to clients across the industry
spectrum. For the year ending December
31, 2022, Newmark generated revenues of approximately
$2.7 billion. As of June 30, 2023, Newmark's company-owned offices,
together with its business partners, operate from approximately 170
offices with over 7,400 professionals around the world. To learn
more, visit nmrk.com or follow @newmark.
Discussion of Forward-Looking Statements about
Newmark
Statements in this document regarding Newmark that
are not historical facts are "forward-looking statements" that
involve risks and uncertainties, which could cause actual results
to differ from those contained in the forward-looking statements.
These include statements about the effects of the COVID-19 pandemic
on the Company's business, results, financial position, liquidity
and outlook, which may constitute forward-looking statements and
are subject to the risk that the actual impact may differ, possibly
materially, from what is currently expected. Except as required by
law, Newmark undertakes no obligation to update any forward-looking
statements. For a discussion of additional risks and uncertainties,
which could cause actual results to differ from those contained in
the forward-looking statements, see Newmark's Securities and
Exchange Commission filings, including, but not limited to, the
risk factors and Special Note on Forward-Looking Information set
forth in these filings and any updates to such risk factors and
Special Note on Forward-Looking Information contained in subsequent
reports on Form 10-K, Form 10-Q or Form 8-K.
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SOURCE Newmark Group, Inc.