Newmark Group has promoted Lou Alvarado to the newly created COO position.
Alvarado first joined Newmark in 2015 as executive vice president and Boston market leader. He ascended to chief revenue officer and East region market leader in 2018, where he oversaw revenue-generating operations, including nearly all business lines and also drove company growth throughout the East Coast. Before joining Newmark, Alvarado was president of the East region for Cushman & Wakefield, a vice president at The Travelers Insurance Co. and a founding partner of Insight Partners, Inc., which developed and managed more than 2 million square feet of commercial, retail, residential and industrial properties.