Northmarq featured in Heartland Real Estate
ST. LOUIS, MISSOURI (March 1, 2022) - Parker Stewart, managing director and Dominic Martinez, associate vice president of Northmarq's St. Louis investment sales team recently contributed their insights in a Heartland Real Estate story titled, "Multifamily Brokers Anticipate Another Busy Year." With multifamily property and portfolio sales nationally totaling $335.3 billion in 2022 (up 128 percent since 2020), it is hard to imagine a repeat of last year's successes. But that's exactly what some brokers are expecting. Beyond projections for 2022, other topics included: Optimistic investors, cap rates compressing and worries regarding inflation.
Stewart noted that new sources of capital are entering the Midwest chasing multifamily product. "We have generated twice as many offers on almost every deal that we brought to market over the past 12 months when compared with prior years," he said. Martinez added that "We're extremely bullish on the market from a transactional standpoint based on conversations we are having every day with buyers and sellers."
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Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales, loan servicing, and fund management. The company combines industry-leading capabilities with a flexible structure, enabling its national team of experienced professionals to create innovative solutions for clients. Northmarq's solid foundation and entrepreneurial approach have built an annual transaction volume of more than $39 billion and a loan servicing portfolio of more than $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit: www.northmarq.com.