Newmark Group, Inc. Acquires Innovative CRE Workflow Solutions Provider Workframe, Inc.
NEW YORK , Oct. 2, 2019 |PRNewswire| -- Newmark Group, Inc. (NASDAQ: NMRK ) ("Newmark") (the "Company"), which operates a leading, global, full-service commercial real estate ("CRE") services business, Newmark Knight Frank ("NKF"), today announced that it has acquired the innovative workflow solutions provider Workframe, Inc. ("Workframe"). The Workframe software tool is a workflow solution that was built to address the unique complexity of the CRE project lifecycle. Newmark's strategic acquisition of Workframe, further solidifies the Company's differentiated, value-add and client-facing technology platforms and is expected to be utilized by NKF professionals and clients to manage a high volume of concurrent projects, seamlessly engage throughout a document-centric workflow, and unite large, geographically distributed teams, often comprised of stakeholders across multiple third-party organizations. "NKF's superior technology and data analytic platforms empower brokers to offer clients best-in-class advice and anticipate future client needs.
Newmark Group, Inc. Acquires Innovative CRE Workflow Solutions Provider Workframe, Inc.
NEW YORK , Oct. 2, 2019 |PRNewswire| -- Newmark Group, Inc. (NASDAQ: NMRK ) ("Newmark") (the "Company"), which operates a leading, global, full-service commercial real estate ("CRE") services business, Newmark Knight Frank ("NKF"), today announced that it has acquired the innovative workflow solutions provider Workframe, Inc. ("Workframe"). The Workframe software tool is a workflow solution that was built to address the unique complexity of the CRE project lifecycle. Newmark's strategic acquisition of Workframe, further solidifies the Company's differentiated, value-add and client-facing technology platforms and is expected to be utilized by NKF professionals and clients to manage a high volume of concurrent projects, seamlessly engage throughout a document-centric workflow, and unite large, geographically distributed teams, often comprised of stakeholders across multiple third-party organizations. "NKF's superior technology and data analytic platforms empower brokers to offer clients best-in-class advice and anticipate future client needs.