Newmark Hires Lauren Gilchrist as Greater Philadelphia Market Leader
Philadelphia, PA (January 4, 2023) — Newmark[i] announces that Lauren Gilchrist has joined the company as Executive Vice President and Market Leader of the Greater Philadelphia region. Gilchrist will oversee Newmark’s full suite of service offerings, managing strategic planning, revenue growth and profitability, recruitment and business development in the company’s Philadelphia, Wayne, Pennsylvania, Southern New Jersey and Delaware offices.
Philadelphia-based, Gilchrist is a highly respected voice in the commercial real estate community and beyond. She holds appointments to the Board of Directors for the Philadelphia Facilities Management Corporation/Philadelphia Gas Works, Philadelphia Orchestra, Old City Community Fund, M&T Bank Advisory Board and the Greater Philadelphia Chapter of NAIOP—where she served as Chapter President from 2019 to 2020. Gilchrist has been recognized as a 40 Under 40 honoree and a Woman of Distinction by the Philadelphia Business Journal and a Philly Power Woman by Bisnow.
“As ever, our focus is on getting the right talent into the right positions,” said Lou Alvarado, Chief Revenue Officer and President, East Region. “Lauren’s broad foundation of experience—from the public to the private sector—her commitment to bettering her community and reputation as a go-to source for all things real estate are an asset to the initiatives and priorities in the Greater Philadelphia region. We’re excited to welcome her to the Newmark team.”
Prior to joining Newmark, Gilchrist was the Managing Director of Research at Longfellow Real Estate Partners, where she directed research strategy, content creation and thought leadership and provided market research to drive project underwriting and execution. Previously, Gilchrist also held roles as Senior Vice President of Research at JLL, Manager of Research & Analysis at the Center City District and Program Manager at the Center for Regional Economic Competitiveness.
“Joining Newmark to take on the leadership role for the Greater Philadelphia region is an incredible opportunity to build on the already strong market presence that Newmark has cultivated,” said Gilchrist. “I look forward to leveraging my experience and nuanced perspective that have defined my career to further elevate Newmark’s regional initiatives and client services.”
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. Newmark generated revenues of approximately $3.1 billion for the twelve months ending September 30, 2022. Newmark’s company-owned offices, together with its business partners, operate from approximately 180 offices with nearly 6,700 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.
