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Newmark Realty Capital Expands Production and Servicing Team with the Addition of New York’s Rose Hill Group Producers and Staff

August 19, 2019

NRC Welcomes Production Team Responsible for More Than $2 Billion of Career Transactions Covering all Asset Types; Opens Upstate New York Production and Servicing Office Staffed by New Team to Better Serve Regional Clients; Rose Hill Group joins $13 Billion Servicing Portfolio and Roster of National Commercial Mortgage Lenders

BUFFALO, NY – Newmark Realty Capital (NRC), the largest independent national commercial mortgage banking platform headquartered in the western U.S., today announced the expansion of its operational footprint to include a production and servicing office in upstate New York. This expansion includes on-boarding the production team of Rose Hill Group and welcoming them to the NRC team.

“As a company owned and operated by producers, NRC focuses on organic growth when appropriate through adding seasoned, like-minded talent that mirror our culture and commitment to superior best practices,” said Michael Heagerty, Principal and CFO with NRC. “Our dealings with the Rose Hill Group through collaborative participation in the Strategic Alliance Mortgage (SAM) platform and our collective focus on empowering independent producers with the right tools, systems and structure made this a strategic move for all involved.”

The Rose Hill Group was founded by Daniel Monte in 2006. Mr. Monte, the current President of SAM and now the supervising broker of NRC’s Northeast loan production, originally formed Rose Hill Group as a specialty provider of mortgage banking and financial advisory services to commercial real estate developers and lenders seeking superlative structured finance solutions for their commercial real estate investments.

“Joining NRC is a timely move for our entire practice, and we are pleased to join a team of producers with a proven platform that will enhance our ability to serve our client relationships in Upstate New York and throughout the Northeast,” said Mr. Monte. “As the President of SAM, I have had the opportunity to work side by side with the principal leaders of NRC on all manners of commercial mortgage finance and related best practice agendas. During those years, Rose Hill Group has always enjoyed a collaborative professional relationship with NRC and its production leaders. This familiarity and history mean our clients can expect an immediate lockstep transition to NRC’s platform with no interruption to service or placement.”

The Rose Hill Group production team, led by Daniel Monte since inception, joins NRC with deep collective experience in Upstate New York real estate financial services. NRC will add Senior Production Leader Thomas Grzebinski, Loan Closer Nanette Carlevarini, and Analyst Jack Stelianou, a team which has developed a reputation for excellence in the Northeast and a deep regional client base across the spectrum of commercial real estate assets and investors.

Newmark Realty Capital, Inc., a privately held company based in San Francisco, is a full-service mortgage banking firm with an extensive lineup of correspondent lenders utilizing Newmark’s production, closing and servicing capabilities. Established in 1991, Newmark is currently staffed by over 75 employees in regional offices throughout the United States. The company’s national servicing platform of $13 billion represents over 1,400 loans located in 40 states. Newmark is rated as a Primary Servicer by Standard & Poor’s and is one of a select few non-banking / non-insurance chartered companies with this designation.

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