13
Newmark Launches Data Center and Digital Infrastructure Capital Markets Business, Attracts Top Talent
Original article seen at: www.prnewswire.com on August 16, 2023
tldr
- 🚀 Newmark Group has launched a new Data Center and Digital Infrastructure practice group.
- 💼 Brent Mayo, an industry veteran, has been hired to lead the new group.
- 📈 The data center market is expected to grow significantly, driven by advancements in AI and ML.
- 🔑 Mayo will work on capital formation, financing, and asset and portfolio sales.
summary
Newmark Group, a leading commercial real estate adviser, has announced the launch of its Data Center and Digital Infrastructure practice group, expanding its expertise in alternative assets. The company has also hired industry veteran Brent Mayo as Executive Managing Director to lead the practice group. The new group will complement Newmark's global Data Center Consulting Group, solidifying the company's position in alternative assets. The data center market has seen significant growth and demand, and with advancements in generative AI and ML, this growth is expected to surpass the current estimated projection of a 10% compound annual growth rate (CAGR) through 2030. Mayo, who has been involved in significant data center and digital infrastructure deals, will work with Newmark's Capital Markets advisors on capital formation, financing, and asset and portfolio sales.starlaneai's full analysis
The launch of Newmark's Data Center and Digital Infrastructure practice group represents a significant development in the real estate sector. The use of AI and ML technologies in data centers is not entirely new, but the formation of a dedicated practice group for this purpose indicates a strategic focus on this area. This could potentially attract more investment in AI and ML technologies for data centers and digital infrastructure, and have a ripple effect on the market and related industries. However, the press release does not discuss any ethical considerations related to the use of AI and ML in data centers, which could be a potential area of concern. The announcement also primarily affects large institutional investors and corporations, limiting its public impact. Nonetheless, the adoption potential for this new practice group is high, given the growing demand for data centers and digital infrastructure.
* All content on this page may be partially written by a clever AI so always double check facts, ratings and conclusions. Any opinions expressed in this analysis do not reflect the opinions of the starlane.ai team unless specifically stated as such.
starlaneai's Ratings & Analysis
Technical Advancement
70 The launch of the Data Center and Digital Infrastructure practice group represents a significant technical advancement in the real estate sector, leveraging AI and ML technologies.
Adoption Potential
80 Given the growing demand for data centers and digital infrastructure, the adoption potential for this new practice group is high.
Public Impact
60 The public impact of this development is moderate, as it primarily affects large institutional investors and corporations.
Innovation/Novelty
40 While the use of AI and ML in data centers is not entirely new, the formation of a dedicated practice group for this purpose is somewhat novel.
Article Accessibility
50 The announcement is made in a press release, which is generally accessible to a wide audience.
Global Impact
70 The global impact of this development could be significant, given the increasing reliance on data centers and digital infrastructure worldwide.
Ethical Consideration
30 The press release does not discuss any ethical considerations related to the use of AI and ML in data centers.
Collaboration Potential
80 The new practice group will work with Newmark's Capital Markets advisors, indicating a high potential for collaboration.
Ripple Effect
70 The launch of the new practice group could have a ripple effect on the data center market and related industries.
Investment Landscape
75 This development could potentially attract more investment in AI and ML technologies for data centers and digital infrastructure.