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Subsequent Events
3 Months Ended
Mar. 31, 2024
Subsequent Events [Abstract]  
Subsequent Events Subsequent Events
On April 26, 2024, Newmark amended and restated the Credit Agreement, which amendment and restatement, among other things, extends the maturity date of the Credit Facility to April 26, 2027. The borrowing rates and financial covenants under the Credit Agreement are substantially consistent with the existing Credit Agreement.
On May 2, 2024, Newmark declared a qualified quarterly dividend of $0.03 per share payable on June 3, 2024 to Class A and Class B common stockholders of record as of May 17, 2024. The ex-dividend date will be May 16, 2024.