Newmark Group said it agreed to buy back nearly 11 million shares from Howard Lutnick, the former executive chairman of the real estate brokerage who stepped down after he was confirmed as President Donald Trump's commerce secretary.
Newmark buys Howard Lutnick's shares as Trump's commerce secretary divests from businesses
Brokerage agrees to pay $127 million to former executive chairman
CoStar News
May 19, 2025 | 10:59 P.M.
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IN THIS ARTICLE
- Companies
- Newmark
Real Estate
- Contacts
- Barry Gosin
Chief Executive Officer, Newmark