Penny Johnson in our Minneapolis office is celebrating 40 years with the company this month! Thanks for being part of our team, Penny!
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July 2018 – Labor Department reports 213,000 jobs added in June The Labor Department reported on July 6 that employers added 213,000 to their payrolls during June, following an upwardly revised 244,000 increase in May. While payrolls rose, the unemployment… Continue Reading
Carl Pankratz, vice president of NorthMarq Capital’s Dallas regional office, authored an article titled “An Investor’s Guide to Financing Multifamily Assets in Lubbock, West Texas” that was featured in the Market Highlight: West Texas section of REBusiness Online. Topics covered… Continue Reading
SAN DIEGO (June 28, 2018) – Casey Allred recently joined NorthMarq Capital as an analyst for the San Diego office. Casey’s responsibilities include originating real estate financing for apartments and commercial properties, underwriting, due diligence, and assisting the production team…. Continue Reading
Rising Interest Rates Haven’t Slowed Agency Activity The agencies are seeing another strong year. To date in 2018, Freddie Mac has funded $22.9 billion, an 18% year-over-year increase, and Fannie Mae is on par with the tremendous volume that it… Continue Reading
MINNEAPOLIS (June 22, 2018) – NorthMarq Capital’s Mike Padilla, in collaboration with the company’s Freddie Mac team, arranged the financing of The Provinces, a 118-unit apartment property in Little Canada that will preserve the affordability of the apartment homes. Nonprofit… Continue Reading