Austin, Texas — ARA Newmark has hired Ryan Lang to lead its student housing division as senior managing director.
The addition comes after BGC Partners Inc., parent company of Newmark Grubb Knight Frank (NGKF), purchased ARA in December 2014.
“Since acquiring ARA late last year, we have been committed to expanding its resources and adding personnel to not just cement, but also surpass, its top ranking in multifamily sales and grow our capital markets presence,” says NGKF President James Kuhn. “With his remarkable track record and extensive relationships with the dominant players in the sector, Ryan is the latest example of our continuing efforts and we are thrilled to welcome such an impressive brokerage professional to our ranks.”
Lang has closed more than $1.3 billion in real estate transactions across the country and has represented such large multifamily investors as Brookfield Asset Management, Heitman and American Campus Communities. As senior managing director of ARA Newmark’s Student Housing group, Lang will be responsible for spearheading best-in-class investment-sale services for its clients. He will work closely with Patton Jones, the founding principal of ARA Newmark’s Student Housing group.