Newmark hires Munish Viralam to lead Real Estate Strategy & Consulting Group

Management
โดย PR Newswire·Read original
Summary · why it matters

Newmark Group has hired Munish Viralam as Executive Vice Chairman to lead its Real Estate Strategy & Consulting Group. The group combines Newmark’s New York Consulting and Financial Services teams, including Jason Perla and Romel Cañete, and will serve as a centralized resource supporting brokerage teams across large and multi-market transactions. Viralam joins from CBRE, where he was twice named the Consulting Group’s Professional of the Year, and brings nearly two decades of experience advising major corporate tenants. Newmark generated revenues of more than $3.4 billion for the twelve months ended March 31, 2026, and operates from over 185 offices with more than 9,600 professionals across four continents.

Impact on stocks 2

Real Estate± Mixed · 2 stocks
Newmark Group Inc
NMRK
▲ PositiveCapitalrelevance

Newmark hires a senior leader to strengthen its consulting group, a strategic move to enhance capabilities.

CBRE Group Inc Class A
CBRE
▼ NegativeCompetitionrelevance

Newmark hires a key executive from CBRE, potentially weakening CBRE's consulting talent pool.