MINNEAPOLIS (Sept. 11, 2018) – NorthMarq Capital announced the continued expansion of its multifamily investment sales business by adding a six-person team in Dallas, which is the company’s top-producing debt and equity advisory office. This group joins brokers in Phoenix and Albuquerque as the newest additions to the NorthMarq Multifamily business.
“We are excited to add to our growing platform offering a broader mix of services to our clients,” said Jeffrey Weidell, president-NorthMarq Capital. “The NorthMarq Multifamily business complements our market-leading capital markets expertise in offices across the U.S. and will make it more efficient for clients to acquire, finance, and sell their multifamily assets.”
NorthMarq Multifamily’s President Trevor Koskovich, who is leading the company’s multifamily investment sales growth, said, “This team is a great cultural fit and a perfect addition to our growing business. With their strong track record as a market leader in north Texas, the team embodies what we are looking to add as we continue to expand our multifamily sales platform.”
Taylor Snoddy, the top overall producer for Transwestern the past two years, joins NorthMarq Multifamily as managing director, and along with Koskovich, will lead the Multifamily growth in Texas. He and his team, which includes Senior Vice Presidents James Roberts and Philip Wiegand, have built their business into a leading multifamily investment sales practice in the Dallas market. Over the past few years, they have closed more than $2.5 billion in multifamily sales, composed of more than 45,000 apartment units, and are on pace to exceed $1 billion in sales in 2018.
“We are thrilled about this opportunity to elevate our team and join NorthMarq,” said Snoddy. “The strong platform in debt and equity solutions was a natural fit for our growing list of clients in investment sales. Specifically, we see great value in bringing our clients the company’s extensive experience placing loans with Fannie Mae and Freddie Mac.”
Also joining NorthMarq Multifamily in Dallas are Eric Stockley, Devin Etzold, and Charles Hubbard who provide financial analysis, client service and transaction coordination.
The team will office in NorthMarq Capital’s sizable Dallas operation, which houses debt, equity and servicing professionals along with underwriting and operations for the company’s Fannie Mae and FHA/HUD platform. Since 1998, NorthMarq Capital has grown to more than 500 employees through more than 16 acquisitions, now servicing over $53 billion on $13 billion of annual production.