Newmark Names Sridhar Potineni as Chief Details Officer

The industrial authentic estate industry’s most creative answers are increasingly driven by technological know-how, data

“The industry’s most inventive alternatives are ever more driven by technological innovation, knowledge and analytics,” stated Jeff Day, Newmark’s Main Tactic Officer and Head of Multifamily Cash Marketplaces, to whom Mr. Potineni will report. “The addition of Sridhar underscores Newmark’s commitment to equipping our gurus and shoppers with the procedures and applications that will create differentiation and unique price in serious estate expert services.”

“Know-how is ubiquitous and has a considerable affect on our everyday everyday living. We want to lengthen this encounter to our field and rework the way our buyers, tenants and occupiers interact with serious estate, significantly at a time when so much of the environment is adapting to new difficulties,” explained Mr. Potineni. “Newmark is by now a chief in progressive instruments and services. There is an opportunity to accelerate data and digital ambitions working with systems such as Equipment Understanding, Purely natural Language Processing, IoT, Data, and Blockchain. I am enthusiastic to just take on this function to guarantee Newmark’s system stays at the forefront of worldwide innovation all through the market.”

Prior to becoming a member of Newmark, Mr. Potineni served as Global CTO of JLL’s Funds Marketplaces team, in which he produced ground breaking technological know-how, facts, and products strategies, launching digital items to enhance the depth and good quality of details insights and push profits automation. Sridhar has effectively led teams with business enterprise outcomes these types of as the creation of a Funds Markets offer administration system deployed in 39 nations around the world and a actual estate marketplace for buyers with over $100 billion in property.

About Newmark
Newmark Team, Inc. (Nasdaq: NMRK), alongside one another with its subsidiaries (“Newmark”), is a environment leader in business genuine estate solutions, with a comprehensive suite of trader/owner and occupier solutions and products. Our built-in platform seamlessly powers every section of possessing or occupying a property. Our expert services are personalized to every single kind of customer, from entrepreneurs to occupiers, investors to founders, expanding startups to primary corporations. Harnessing the power of info, technologies, and industry abilities, we provide ingenuity to each exchange, and creativeness to every single place. Alongside one another with London-based mostly lover Knight Frank and independently owned workplaces, our 18,800 industry experts function from roughly 500 places of work all around the entire world, offering a world wide point of view and a nimble method. In 2020, Newmark created revenues in excess of $1.9 billion. To master much more, stop by nmrk.com or stick to @newmark.

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