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Newmark Closes on RKF Retail Holdings Acquisition

Newmark Group has closed on its acquisition of RKF Retail Holdings, a deal announced in May. RKF founder Robert K. Futterman will serve as chairman of Newmark RKF, Newmark’s retail leasing division.

The acquisition adds about 70 brokers to Newmark’s roster in New York and other major markets where RKF has been active. Among them are such heavy hitters as Karen Bellantoni, Robert Cohen, Jeremy Ezra, Barry Fishbach, Jeff Fishman and Ariel Schuster.

Closing the deal “brings us one step closer to creating a platform that will reshape and significantly impact the retail industry,” said Futterman. “Today’s retail market is a dynamic environment. Our collective and unique understanding of demand-side trends, customer demographics, the food and beverage industry, experiential innovations in retail, as well as the implications of new accounting rules for our clients will give Newmark RKF an even stronger national platform, while providing clients with comprehensive, turn-key services.”

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).