News Release 7/ 29/ 2020

NorthMarq expands investment sales team in Austin

Multifamily experts Diane Sogal and Justin Chambers join the office

AUSTIN, TEXAS (July 20, 2020) – NorthMarq continues its expansion in Austin with the addition of Diane Sogal and Justin Chambers to Scott Lamontagne’s investment sales team, which has $8 billion in transactional experience. Industry veteran and managing director Lamontagne joined the company in May to build the team and collaborate with the office’s five debt and equity experts on behalf of multifamily property owners.

Sogal, vice president – Investment Sales, has worked in Austin’s CRE market for more than five years, completing numerous complex transactions, including the procurement of a $43 million multifamily development. Previously, she worked at the global real estate firm Engel & Völkers where she specialized in premium residential property, commercial real estate, yachts and aircraft. While working with Engel & Völkers, she offered both private and institutional clients a professionally tailored range of services.

“Diane has developed strong relationships in Austin and surrounding areas,” said Lamontagne. “As part of a deep roster of both debt/equity and investment sales professionals, Diane will be able to offer her clients a full spectrum solutions for multifamily properties.”

Chambers, associate vice president, previously worked for Greysteel and Marcus & Millichap. He is responsible for a full range of services including start-to-finish deal execution, overseeing the due diligence process, transaction analysis, and production of offering memoranda. His primary focus will be representing buyers and sellers of multifamily investment assets primarily in the Class B/C space in the Austin MSA.

“Justin has worked hard to develop relationships with owners, lenders, and other commercial real estate professionals,” said Lamontagne. “We are excited to add him to the team, where he can leverage those relationships and his previous transaction experience.”

NorthMarq’s Austin and San Antonio offices both added investment sales capabilities in the last few months, expanding the platform into 13 offices across the country. In business since 1960, NorthMarq has grown to more than 600 employees through more than 20 acquisitions, a $62 billion loan servicing portfolio and access to hundreds of capital sources.