{
  "docId": "019dd923-5e88-73ef-bd5a-64885b718f1e",
  "docSlug": "9169de9da530a61b",
  "documentTitle": "Newmark May 2023 FI Conference Presentation Vf Final",
  "authorId": "GoldmanSachs",
  "authorName": "Newmark",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "equity_research",
  "sourceTypeLabel": "Equity research",
  "presentationDate": null,
  "orientation": "landscape",
  "aspectRatio": 1.779,
  "pageNumber": 14,
  "pageCount": 46,
  "prevPage": 13,
  "nextPage": 15,
  "slideType": "case_study",
  "function": "illustrate_case",
  "density": "dense",
  "nDataPoints": 16,
  "notes": "The bubble chart visualizes historical loan sales by year and size, with the NMRK Signature Bank deal as the clear outlier.",
  "elementsJson": [
    "headline_text",
    "bubble_chart",
    "comparison_table",
    "bullet_list"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-5e88-73ef-bd5a-64885b718f1e/14",
  "deckHref": "/decks/019dd923-5e88-73ef-bd5a-64885b718f1e",
  "deckJsonHref": "/decks/019dd923-5e88-73ef-bd5a-64885b718f1e.json",
  "deckAnchorHref": "/decks/019dd923-5e88-73ef-bd5a-64885b718f1e#slide-14",
  "components": [
    {
      "bbox": null,
      "kind": "callout",
      "text": "Our exclusive mandate from the FDIC to sell Signature Bank’s $60 billion loan portfolio exemplifies our strength in managing large and complex transactions.",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd952-1d6d-7403-aea6-760814659b56",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.55,
        "w": 0.6,
        "x": 0.05,
        "y": 0.12
      },
      "kind": "chart",
      "text": "Largest U.S. Real Estate Loan Sales",
      "attrs": null,
      "subkind": "bubble",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "3d4cd525-e5a2-4487-b736-cce68a75dd9b",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.5,
        "x": 0.02,
        "y": 0.97
      },
      "kind": "disclaimer",
      "text": "Sources: Greenstreet, Newmark Research. All figures in are in $B and exclude loan sales of only securities such as MBS or CMBS.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "713f30bb-9125-451f-86e7-695ba0ed7645",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.2,
        "w": 0.65,
        "x": 0.02,
        "y": 0.75
      },
      "kind": "list",
      "text": "Our exclusive mandate from the FDIC to sell Signature Bank’s $60 billion loan portfolio exemplifies our strength in managing large and complex transactions. This portfolio represents the largest real estate loan sale in U.S. history and demonstrates the capacity and depth of Newmark. Loan advisory services are becoming increasingly significant for us. We expect this to drive additional opportunities for our capital markets and other businesses.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "63cd2c37-9150-4735-8492-92a1e81a57fa",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "metric",
      "text": "Loan Sale Size: $60B",
      "attrs": null,
      "subkind": "primary",
      "toolName": "Quantification",
      "toolSlug": "quantification",
      "confidence": null,
      "componentId": "019dd952-1d6d-7403-aea6-79c2d1ca6e5a",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.5,
        "w": 0.3,
        "x": 0.68,
        "y": 0.25
      },
      "kind": "table",
      "text": "Recent Large Loan Sales table",
      "attrs": null,
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "fa6732a3-64a5-4c3b-a6e3-2bde96b39f30",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.06,
        "w": 0.45,
        "x": 0.02,
        "y": 0.02
      },
      "kind": "title",
      "text": "$60B Loan Sale is Largest in U.S. History",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "bb454bbc-8863-4c04-b81c-dec50589951b",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 21,
      "from": 9,
      "beatId": "f8e699ad-4674-4a52-a985-8f3f90ede399",
      "arcName": "The Consultant's Gambit",
      "arcSlug": "consultants-gambit",
      "beatName": "Evidence & Proof",
      "beatSlug": "consultants-gambit-evidence-proof",
      "evidence": "Slides 9-21 provide evidence and proof of Newmark's financial performance and growth prospects",
      "position": 2,
      "confidence": 0.8,
      "parentBeatName": "Evidence",
      "parentBeatSlug": "evidence"
    }
  ],
  "loops": [
    {
      "to": 15,
      "from": 9,
      "name": "Logic Chain",
      "slug": "01-logic-chain",
      "bestFor": "Skeptical audiences, controversial recommendations, rigorous analysis",
      "matchId": "0554058f-d0cb-4a5d-9cb5-8dbe2321e97c",
      "evidence": "Slides 9-15 provide a logical chain of financial data and metrics",
      "position": 0,
      "objective": "To demonstrate strong financial performance",
      "structure": "Premise 1 (Accepted truth) -> Premise 2 (Observed fact) -> Therefore... (Inevitable conclusion)",
      "confidence": 0.7,
      "description": "Build an airtight chain of logic where each premise leads inevitably to the conclusion"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}