XML 51 R41.htm IDEA: XBRL DOCUMENT v3.22.1
Subsequent Events
3 Months Ended
Mar. 31, 2022
Subsequent Events [Abstract]  
Subsequent Events Subsequent Events
On April 28, 2022, Newmark declared a qualified quarterly dividend of $0.03 per share payable on May 31, 2022 to Class A and Class B common stockholders of record as of May 16, 2022. The ex-dividend date will be May 13, 2022.

On April 1, 2022, Newmark completed the acquisitions of two companies; BH2, a London-based real estate advisory firm, and McCall & Almy, a multi-market tenant representation and real estate advisory firm.

On May 3, 2022, Newmark completed the acquisition of Open Realty Advisors and Open Realty Properties, which together operate as “Open Realty”, a retail real estate advisory firm.