Newmark: Hires Vice President of Property Management in Chicago


November 29, 2021 10:00 a.m.

Newmark is pleased to announce that Natalie Cico has been hired as Vice President of Real Estate Management in Chicago, Illinois. With over 23 years of experience in commercial real estate and property management, Cico’s new role will support the goals and initiatives of Newmark’s property management division in the Chicago market.

Alongside the company’s local investment rental and sales professionals, Cico will strengthen collaboration strategies and operational efficiency for potential clients and business development efforts to grow Newmark’s management portfolio. Supporting Cico will be recently hired by Associate Vice President of Property Management for Chicago, Tera Hoffmann, who brings over 14 years of property management experience.

“Recruiting talented property management professionals like Natalie and Tera strengthens Newmark’s client offering in property management in Chicago, a key US market. This is an exciting step as we continue to develop and expand the range of services in Chicago, ”said Richard Holden, Newmark President of Property Management.

“Natalie’s leadership in property management, working with Tera, in the greater Chicagoland area is an asset to Newmark’s Chicago office. Her deep expertise with real estate owners provides our clients with a strategic and valuable perspective that prioritizes management-class solutions, ”said Carrie Frye, Executive Vice President and Chicago Market Leader.

Prior to joining Newmark, Cico was Vice President of Real Estate and Asset Management for VEREIT, Inc. in Chicago, with direct operational and financial oversight of a portfolio of 55 million square feet and 255 assets, of class office A, industrial and commercial. valued at $ 3.5 billion. Leading a large team of staff across the country, she has implemented long-term real estate strategies and solutions to optimize profitability and streamline processes. Cico was nominated by Crain’s Chicago “Outstanding Women in Commercial Real Estate” and is currently a BOMA Suburban Chicago Instructor and BOMI International Subject Matter Expert.

“I think like an owner,” Cico said. “Throughout my career, I have always emphasized a broad but creative approach to property management, going beyond day-to-day operations to find the hidden value of an asset. Joining Newmark is an exciting opportunity and look forward to creating custom solutions that not only improve property operations but also generate revenue for our clients. ”

About Newmark
Newmark Group, Inc. (Nasdaq: NMRK), along with its subsidiaries (“Newmark”), is a global leader in commercial real estate, seamlessly fueling every phase of the property lifecycle. Newmark’s full range of services and products are uniquely tailored to suit every customer, from owners to occupants, investors to founders, and startups to blue-chip businesses. Combining the platform’s global reach with market intelligence in established and emerging real estate markets, Newmark provides superior service to clients across the industry. Newmark generated revenues of over $ 2.5 billion for the twelve months ending September 30, 2021. The offices owned by the Newmark company, as well as its business partners, operate from more than 160 offices with approximately 6,200 professionals worldwide. To learn more, visit or follow @newmark.

Discussion of forward-looking statements regarding Newmark
Statements contained in this document regarding Newmark 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 forward-looking statements. These include statements regarding the effects of the COVID-19 pandemic on the business, results, financial condition, liquidity and prospects of the Company, which may constitute forward-looking statements and are subject to the risk that the actual impact may differ, perhaps materially, from what is currently expected. Except as required by law, Newmark assumes 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 forward-looking statements, see Newmark’s Securities and Exchange Commission documents, including, but not limited to, the risk factors and the special note on Forward-looking information set out in these documents and any updates to these risk factors and the special note on forward-looking information contained in subsequent reports on Form 10-K, Form 10- Q or Form 8-K.


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