MINNEAPOLIS, MINNESOTA (February 5, 2021) – Brad Burns, a 15-year FHA/HUD origination expert, joins NorthMarq as a senior vice president based in the Phoenix office. During the last few years, he originated more than $1 billion in financing through HUD, Freddie Mac, Fannie Mae, banks, and debt funds, focusing on multifamily, affordable, and seniors/healthcare properties.
His extensive experience with HUD-insured loan products offers clients specific expertise navigating the HUD loan process from origination all the way to closing.
Prior to joining NorthMarq, Burns spent four years as senior director in Walker & Dunlop’s FHA group and six years in Berkadia’s FHA group. While at Berkadia, he also served as an FHA MAP-approved underwriter.
Burns joins NorthMarq’s Phoenix office, one of the fastest growing in the company, where he will partner with Managing Director Brandon Harrington, and collaborate with the seven other debt and equity experts and team of 15 investment sales professionals.
“We’re extremely excited that Brad has joined our Phoenix team,” said Harrington, managing director – debt and equity, Phoenix. “His expertise in FHA/HUD is second to none and will bring great value to our multifamily clients when evaluating their best options for financing.”
In business since 1960, NorthMarq has grown to more than 600 employees through more than 20 acquisitions, a $64 billion loan servicing portfolio and access to hundreds of capital sources.