News Release 8/ 12/ 2020

NorthMarq expands Investment Sales platform into Mid-Atlantic region

MINNEAPOLIS, MINNESOTA (August 12, 2020) — NorthMarq’s multifamily investment sales platform continues to grow across the country, with the latest addition in the Mid-Atlantic region, covering the Washington, D.C. metro, Hampton Roads, and Richmond, Virginia markets. Wink Ewing and Michael Marshall joined NorthMarq as managing Directors with Ryan Rilee as associate vice president to form a new multifamily investment sales team. They will operate from the Richmond office and partner with NorthMarq’s existing debt and equity team led by Keith Wells, managing director.

Trevor Koskovich, president-Investment Sales, is leading the business expansion, which added six new offices to-date in 2020. “We targeted the Mid-Atlantic region because we knew that the debt and equity team was interested in this type of partnership. Once we identified Wink, Mike, and Ryan as our team, we knew we had found our next location for the platform’s growth.”

Marshall has more than 30 years of experience in the real estate industry, with 20 years in the multifamily investment sales business. He has completed the sale of over 50,000 apartment units, valued in excess of $7.0 billion. Ewing has cultivated many long-lasting relationships across the Mid-Atlantic markets, with more than 16 years of experience and more than $3 billion in transactions. They both joined NorthMarq after working for Newmark Knight Frank in the DC Metro and Richmond area.

Rilee brings more than 10 years of CRE experience, advising clients on everything from local sub-markets to national capital markets. He previously worked for One South Commercial in investment sales and with CBRE in asset services.

“NorthMarq was a clear choice with its strong debt and equity platform and the aggressive growth of the Investments Sales brokerage across the country. The corporate culture, along with the ability to structure a great team into the next real estate cycle, was very attractive for me and for our clients,” said Ewing.

The Mid-Atlantic office will offer investment sales coverage in conjunction with the other NorthMarq offices across the country to market multifamily assets and help clients identify the best financing structure. The NorthMarq platform now includes teams in 14 states, with more than $2 billion in transaction volume.