Newmark Represents GO REIT in $1.35M Per Unit Sale of Luxury Apartment
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 20 2026
0mins
Source: PRnewswire
- Significant Transaction Value: Newmark represented GO REIT in the sale of 265 East 66th Street at approximately $1.35 million per unit, marking the third-highest price for multifamily properties with over 100 units in the past five years, indicating strong demand in the luxury apartment market.
- Ongoing Asset Management: Following the transaction, GO REIT will continue to manage the property, ensuring operational capability and stability of asset value in the high-end market.
- Portfolio Value Affirmation: This sale further affirms the potential value of GO REIT's broader portfolio, which includes over 2,000 suites in newer luxury high-rise properties, enhancing its market position in New York City.
- Increased Market Appeal: As a luxury high-rise built in the 1980s, 265 East 66th Street continues to attract institutional capital, reflecting the sustained appeal and investor confidence in the high-end real estate market.
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Analyst Views on NMRK
Wall Street analysts forecast NMRK stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NMRK is 20.67 USD with a low forecast of 19.00 USD and a high forecast of 22.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
3 Analyst Rating
3 Buy
0 Hold
0 Sell
Strong Buy
Current: 17.350
Low
19.00
Averages
20.67
High
22.00
Current: 17.350
Low
19.00
Averages
20.67
High
22.00
About NMRK
Newmark Group, Inc. is a commercial real estate advisor and service provider to institutional investors, global corporations and other owners and occupiers. The Company offers a diverse array of integrated services and products designed to meet the full needs of its clients. Its investor/owner services and products include capital markets, which consist of investment sales and commercial mortgage origination including the placement of debt, equity raising, and loan sales on behalf of third parties, landlord representation, leasing, valuation and advisory, property management and flexible workspace solutions for owners, a commercial real estate technology platform and capabilities for owners, due diligence consulting and other advisory services, government-sponsored enterprises (GSE) and Federal Housing Administration (FHA) multifamily lending and loan servicing, limited and special loan servicing and asset management, and business rates for United Kingdom property owners.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Newmark Group (NMRK) Schedules Q4 2025 Financial Results Conference Call
- Financial Results Announcement: Newmark plans to issue a press release on February 25, 2026, at 8:00 a.m. ET regarding its Q4 and full-year 2025 financial results, aiming to enhance market confidence through transparency.
- Conference Call Timing: The company will host a conference call on February 25, 2026, at 10:00 a.m. ET to discuss its financial results, which is expected to attract significant attention from investors and analysts, thereby increasing the company's influence in the industry.
- Webcast Link: The meeting will be available via webcast at https://event.webcasts.com/starthere.jsp?ei=1749478&tp_key=60443944af, ensuring that investors unable to attend can still access timely information, enhancing information accessibility.
- Financial Performance Overview: As of September 30, 2025, Newmark generated revenues exceeding $3.1 billion, demonstrating its strong performance in the commercial real estate sector and further solidifying its position as an industry leader.
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Newmark Group Schedules Q4 2025 Financial Results Conference Call
- Earnings Release Schedule: Newmark Group will issue its advisory press release regarding Q4 and full year 2025 financial results on February 25, 2026, at 8:00 a.m. ET, providing detailed financial data and analysis to enhance investor understanding of the company's financial health.
- Conference Call Timing: The company has scheduled a conference call for February 25, 2026, at 10:00 a.m. ET to discuss its financial performance, aiming to strengthen communication with investors and improve transparency.
- Webcast Link: The meeting will be available via a webcast, allowing investors to participate through the provided link, ensuring timely information dissemination and interaction to enhance investor relations.
- Replay Availability: The conference call replay will be accessible from February 25, 2026, at 1:00 p.m. ET to February 25, 2027, at 11:59 p.m. ET, allowing investors who cannot attend live to catch up on the discussion, thereby improving information accessibility.
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