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December 21, 2022 10:00 AM

�ǿ�����app���� is pleased to announce the formalization of the company’s Single Family Rental (SFR) group, focusing on investment sales, programmatic joint-venture equity placement and debt and structured finance. The SFR group—led by Vice Chairmen Chad Lavender and Ryan Maconachy—will be part of �ǿ�����app����’s Multifamily Capital Markets group. Directors Leland Manning and Josh Francis will also spearhead the firm’s efforts in the SFR space. The group will execute assignments in conjunction with �ǿ�����app����’s Multifamily Capital Markets group, led by Chief Strategy Officer and President and Head of Multifamily Capital Markets Jeff Day.

“With �ǿ�����app����’s significant presence in the multifamily and alternative real estate sectors, and a growing institutional interest in the SFR space, formalizing this practice was a logical next step as we continue to enhance our full-service capital markets offerings to our clients,�� Lavender commented.

Nationally, �ǿ�����app���� ranked #1 in alternative real estate asset transactions and ranked second in transaction volume of multifamily properties year-to-date in 2022.[i]

The SFR sector has gained significant momentum over the past several years, and institutions have allocated over $100 billion to the asset type. “With increased rental housing demand, renters are seeking more space and the privacy of a detached home without the demands of a mortgage, especially considering interest rate increases. This, in combination with the rise in SFR-earmarked capital, underscores the expectation that SFR supply will increase in coming years,�� remarked Manning.

“Since joining �ǿ�����app���� in 2019, our group has participated in transactions totaling more than $15 billion. We have partnered with institutional groups to build their alternative asset platforms through three primary areas of expertise: joint-venture equity, investment sales and debt and structured finance,�� concluded Maconachy. “Additionally, �ǿ�����app����’s Multifamily investment sales and debt business have together generated over $87 billion in transactions since 2021. We understand the alternative asset and multifamily landscapes and what it takes to assist clients in expanding their portfolios within the SFR space.��

[i]In terms of dollar volume, according to an analysis of Real Capital Analytics data

About �ǿ�����app����
�ǿ�����app���� Group, Inc. (Nasdaq: NMRK), together with its subsidiaries (“�ǿ�����app������), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. �ǿ�����app����’s comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform’s global reach with market intelligence in both established and emerging property markets, �ǿ�����app���� provides superior service to clients across the industry spectrum. �ǿ�����app���� generated revenues of approximately $3.1 billion for the twelve months ending September 30, 2022. �ǿ�����app����’s company-owned offices, together with its business partners, operate from approximately 180 offices with nearly 6,700 professionals around the world. To learn more, visit nmrk.com or follow .

Discussion of Forward-Looking Statements about �ǿ�����app����
Statements in this document regarding �ǿ�����app���� that are not historical facts are “forward-looking statements” that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. These include statements about the effects of the COVID-19 pandemic on the Company’s business, results, financial position, liquidity and outlook, which may constitute forward-looking statements and are subject to the risk that the actual impact may differ, possibly materially, from what is currently expected. Except as required by law, �ǿ�����app���� undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see �ǿ�����app����’s Securities and Exchange Commission filings, including, but not limited to, the risk factors and Special Note on Forward-Looking Information set forth in these filings and any updates to such risk factors and Special Note on Forward-Looking Information contained in subsequent reports on Form 10-K, Form 10-Q or Form 8-K.