0001193125-19-128930.txt : 20190529 0001193125-19-128930.hdr.sgml : 20190529 20190430151205 ACCESSION NUMBER: 0001193125-19-128930 CONFORMED SUBMISSION TYPE: CORRESP PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20190430 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NEWMARK GROUP, INC. CENTRAL INDEX KEY: 0001690680 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE AGENTS & MANAGERS (FOR OTHERS) [6531] IRS NUMBER: 814467492 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: CORRESP BUSINESS ADDRESS: STREET 1: 499 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 2128294775 MAIL ADDRESS: STREET 1: 499 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10022 FORMER COMPANY: FORMER CONFORMED NAME: NRE DELAWARE, INC. DATE OF NAME CHANGE: 20161122 CORRESP 1 filename1.htm CORRESP

LOGO

Newmark Group, Inc.

125 Park Avenue

New York, NY 10017

April 30, 2019

United States Securities and Exchange Commission

Division of Corporation Finance

Office of Real Estate and Commodities

100 F Street, N.E.

Washington D.C. 20549

 

Attention:

Mr. Peter McPhun

    

Staff Accountant

 

    

Mr. Wilson K. Lee

    

Senior Staff Accountant

 

Re:

Newmark Group, Inc.

    

Form 10-K For the Fiscal Year Ended December 31, 2018

    

Filed March 15, 2019

    

Form 8-K

    

Filed February 12, 2019

    

File No. 001-38329

Dear Sirs:

On behalf of Newmark Group, Inc. (the “Company”), we are writing in response to your comment letter, dated April 10, 2019, relating to the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2018 filed on March 15, 2019 and Current Report on Form 8-K filed on February 12, 2019.

For your convenience, the Company has repeated your comment in full, and the Company’s response is consistent with the numbering of the comment and heading used in your letter.

Form 8-K Filed On February 12, 2019

Exhibit 99.1

Initial Outlook For 2019, page 6

 

  1.

We note you provided 2019 outlook and outlook ranges for certain non-GAAP financial measures. In future filings, please provide the reconciliations required by Item 10(e)(1)(i) of Regulation S-K. To the extent you are relying on the “unreasonable efforts” exception in Item 10(e)(1)(i)(B), please revise future filings to disclose this fact and identify any information that is unavailable and its probable significance. Reference is made to Question 102.10 of the Division’s Compliance and Disclosure Interpretations for Non- GAAP Financial Measures.

 

United States Securities and Exchange Commission

Division of Corporation Finance

Office of Real Estate and Commodities

April 30, 2019

Page 2 of 2

 

Response #1

In response to the Staff’s comment received on April 10, 2019, we advise the Staff that, in future filings, the Company will comply with the comment.

Any questions or comments regarding the foregoing should be directed to the undersigned at (212) 372-2249.

 

Very truly yours,
Newmark Group, Inc.
By:   /s/Michael J. Rispoli
  Michael J. Rispoli
  Chief Financial Officer

 

cc:

Mr. Howard W. Lutnick (Newmark Group, Inc.)

    

Mr. Stephen M. Merkel, Esq. (Newmark Group, Inc.)

    

Mr. David Stollow (Ernst & Young, LLP)

    

Mr. Christopher T. Jensen, Esq. (Morgan, Lewis & Bockius LLP)

 

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