Northmarq expands national student housing platform with addition of Senior Vice President Greg Marx

CLEARWATER, Fla. (Dec. 19, 2024) — Northmarq is expanding its national student housing platform with the addition of Greg Marx as senior vice president. Based in Clearwater, Florida, Marx will report to Justin Glasgow, managing director and national director of Northmarq’s student housing platform. Marx will play a pivotal role in expanding the company’s institutional student housing advisory services, which include investment sales as well as debt and equity originations.

Marx brings almost a decade of experience in student housing and a proven track record as a principal investor including institutional investment sales, off-market deal sourcing, and capital structuring. In his new role, Marx will leverage his deep connections and expertise to serve clients across the rapidly evolving student housing sector.

“Greg’s extensive industry knowledge, commitment to delivering tailored solutions, and overall advisory mindset align perfectly with the strategic goals of Northmarq Student Housing,” Glasgow said. “Greg brings a unique perspective, having bought and sold dozens of student housing properties across all major U.S. markets. He has structured and executed deals across the entire capital stack, including senior and subordinate debt, agency financing, preferred equity and JV equity. His addition strengthens our ability to provide more clients with better advice about all aspects of their business.”

Before joining Northmarq, Marx served as executive vice president of student housing investments at Artisan Capital Group, a private equity multifamily and student housing investment manager based in Chicago. During his five-year tenure, Marx built and led Artisan’s dedicated student housing platform, acquiring ten institutional student housing assets with a total capitalization exceeding $400 million. He directly raised over $100 million in joint venture equity, collaborating with a diverse range of institutional investors, RIAs, hedge funds, and family offices.

Earlier in his career, Marx co-founded XFD Real Estate Partners, a private equity owner/operator and developer in the student housing sector, and co-led acquisitions at The Scion Group, the largest private equity owner/operator in the industry. Across those roles, Marx completed more than $2 billion in student housing acquisitions and developments in over 45 university markets while raising over $400 million in joint venture equity.

The addition of Marx underscores Northmarq’s commitment to investing in top talent and enhancing its specialized services in high-demand sectors such as student housing.