Investments

6 Months Ended

Jun. 30, 2025

Equity Method Investments and Joint Ventures [Abstract]

Investments

Investments

Investments Carried Under Measurement Alternatives

Newmark has acquired investments in entities for which it does not have the ability to exert significant influence over operating and financial policies.

The carrying values of these investments were $5.0 million and $5.2 million as of June 30, 2025 and December 31, 2024, respectively, and are included in “Other assets” on the accompanying unaudited condensed consolidated balance sheets. Newmark did not recognize any realized gains (losses) for the three and six months ended June 30, 2025. Newmark recognized unrealized gains (losses) related to these investments of $(0.2) million for both the three and six months ended June 30, 2025. Newmark did not recognize any realized and unrealized gains (losses) related to these investments for both the three and six months ended June 30, 2024. The changes in value are included as a part of “Other income (loss), net” on the accompanying unaudited condensed consolidated statements of operations. Additionally, the Company made no additional investments during the three and six months ended June 30, 2025, and the Company invested $0.0 million and $0.3 million during the three and six months ended June 30, 2024, respectively.