El Segundo, CA (August 26, 2021) — Newmark1 announces the addition of 30-year industry expert Greg Galusha as Executive Managing Director. Galusha will specialize in sourcing and qualifying joint venture and preferred equity across a broad range of asset classes in the Western United States.
“Greg’s talents will be complimentary to all of our West Coast capital markets professionals,” said Kevin Shannon, Co-Head of U.S. Capital Markets. “His extensive joint venture and structured debt experience will augment our client advisory service capabilities.”
Galusha’s expertise lies in understanding client goals, underwriting and validating the business plan, marketing the opportunity, sourcing and qualifying equity sources while assisting with negotiations for successful placements. Throughout his career, Galusha has successfully invested over $2.5 billion of joint venture equity and bridge debt for real estate as an investment manager of both institutional and private capital.
“Bringing on Greg, a seasoned professional with three decades of experience and a superior reputation, will elevate our capital markets service line throughout the West,” said Greg May, Executive Vice President, West Region Market Leader. “In a time where business is expanding at a tremendous pace, Greg will be vital in contributing to and accelerating the growth of our platform, capabilities and service to clients.”
Galusha’s broad experience across markets, asset types and execution strategies include roles in origination, underwriting, financing, development, entitlement, asset management, dispositions and workouts.
Galusha will be based in Newmark’s El Segundo, California office. Previously Galusha was a partner with PCCP for almost 10 years, a Vice President with Morgan Stanley Real Estate Fund and a partner with Kearny Real Estate. Galusha received his Bachelor of Arts degree from the University of Pennsylvania and is an active member of the Urban Land Institute.
About Newmark
Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries (“Newmark”), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Our comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, growing startups to leading companies. In 2020, Newmark generated revenues in excess of $1.9 billion. Newmark, together with London-based partner Knight Frank and independently owned licensees, operates globally from approximately 490 offices with 19,300 professionals.
Discussion of Forward-Looking Statements about Newmark
Statements 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 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, Newmark 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 Newmark’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.
