Lizann McGowan joins Northmarq to lead Multifamily Investment Sales in Philadelphia
McGowan brings more than $12B in transaction experience and strengthens Northmarq’s Northeast regional platform
MINNEAPOLIS (June 30, 2025) — Northmarq has announced the addition of Lizann McGowan as managing director in the firm’s Multifamily Investment Sales division, marking a significant expansion into the Philadelphia market. Based in Philadelphia, McGowan brings over 25 years of experience and a track record that includes more than $12 billion in multifamily transactions throughout the Northeast.
“Lizann is one of the most respected multifamily professionals in the region,” said Chris Doerr, regional managing director of Investment Sales. “Her unmatched regional experience, deep market knowledge, leadership, and integrity will provide immediate value to our clients as we expand our multifamily platform into Philadelphia and continue building strength across the Northeast.”
Career Highlights
McGowan has led some of the most complex and high-profile multifamily deals in the region, including the $233 million sale of 1500 Locust, at the time, the largest single-asset multifamily transaction in Pennsylvania history.
She began her career at Cushman & Wakefield and later joined CBRE, Inc., where she was asked to lead the firm’s Multifamily Investment Sales practice for the Philadelphia region. In 2018, McGowan was recruited to establish the Philadelphia multifamily investment sales team at Newmark, covering Pennsylvania, New Jersey, and Delaware.
She is active with national and regional industry organizations including the Urban Land Institute (ULI) and the National Multifamily Housing Council (NMHC) and has been recognized by the Philadelphia Business Journal with its “Women of Distinction” Award and as a “Leader to Watch in Real Estate.”
“Northmarq’s commitment to excellence, collaborative culture and strategic vision align perfectly with how I approach maximizing value for our clients,” said McGowan. “I’m honored to lead the firm’s expansion in Philadelphia and to help shape its broader growth across the Northeast. Philadelphia’s multifamily market has matured into one of the most compelling and sought after markets for investment on the East Coast. There’s strong momentum across urban and suburban submarkets, and I see tremendous opportunity to help clients navigate this next phase of growth.”
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