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Our Perspective

April Economic Commentary: Unemployment rate, stimulus, strong consumer savings point toward 7% GDP growth in 2021

4/ 5/ 2021

The US economy is heading into spring with the strongest set of economic metrics we have seen in a long time. The passage of the $1.9 trillion fiscal stimulus brings the total amount of fiscal support to nearly $5 trillion… Continue Reading

News Release

Zalmi Klyne promoted to senior vice president in NorthMarq’s Los Angeles office

4/ 1/ 2021
Zalmi Klyne
Senior Vice President - Senior Director

LOS ANGELES, CALIFORNIA (April 1, 2021) – The Los Angeles office of NorthMarq announced the promotion of Zalmi Klyne to senior vice president. Klyne possesses more than eight years of commercial real estate experience. Since joining NorthMarq in 2020 he… Continue Reading

In the News

NorthMarq’s Dallas Investment Sales team receives Connect Media’s Top Brokers of 2020 award

3/ 30/ 2021

DALLAS, TEXAS (March 30, 2021) — Taylor Snoddy, James Roberts, and Philip Wiegand of NorthMarq’s Dallas Investment Sales team was recognized in this year’s class of Connect Media’s Top Brokers – in Texas. Brokers and teams considered for the award… Continue Reading

Research

San Antonio Q4 Multifamily Market Report: Investment Activity Steady, Despite Construction Spike

3/ 29/ 2021

Highlights: Apartment construction in San Antonio was elevated in 2020, and the rise in new units put upward pressure on vacancy. Developers have been active in bringing new projects online to align with the area’s long-term demand drivers. Vacancy crept… Continue Reading

In the News

NorthMarq’s Richmond investment sales team receive accolades in Mid Atlantic Real Estate Journal

3/ 29/ 2021
Mike Marshall
Managing Director
Wink Ewing
Managing Director

RICHMOND, VIRGINIA (March 29, 2021) — NorthMarq’s Richmond investment sales team of Mike Marshall, managing director, Wink Ewing, managing director, and Ryan Rilee, associate, was recognized in the Mid Atlantic Real Estate Journal’s The Best of 2020 issue. The team… Continue Reading

Research

Atlanta Q4 Market Report: A Spike in Investment Activity to Close 2020

3/ 29/ 2021

Highlights: The Atlanta multifamily market was impacted by another year of steady supply growth as new units continued to come online as the rate of demand growth cooled. Supply and demand conditions are likely to be more closely aligned in… Continue Reading

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Regional Contacts

Patrick S. Minea

Executive Vice President - Executive Managing Director

Minneapolis

NorthMarq Capital

3500 American Blvd West

Suite 500

Minneapolis, MN 55431

pminea@NorthMarq.com

Phone: 952-356-0111

Fax: 952-356-0097

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Jeffrey Erxleben

Executive Vice President - Executive Managing Director

Dallas

NorthMarq Capital

8300 Douglas Avenue

Suite 650

Dallas, TX 75225-5603

jerxleben@NorthMarq.com

Phone: 972-455-1934

Fax: 972-392-3367

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