News Release 5/ 7/ 2021

NorthMarq’s Denver office expands multifamily investment sales team

DENVER, COLORADO (May 7, 2021) – NorthMarq’s expansion of its Investment Sales platform continues with the addition of two multifamily professionals, Rich Ritter and Alex Possick, to the Denver office. They join Managing Director Dave Martin and Vice President Brian Mooney and will focus on middle-market investment sales. NorthMarq’s Investment Sales platform began in 2018 in Phoenix and now operates in conjunction with NorthMarq’s Debt and Equity professionals in 18 offices.

“The addition of Rich and Alex will help us expand our partnership with middle-market multifamily investors, complementing the work that Brian and I offer to institutional investors,” said Martin. “Their experience in financial analysis and multifamily marketing will be a great benefit to clients and our debt and equity professionals,” said Martin.

Ritter specializes in the marketing and sale execution of multifamily communities up to $40 million throughout Colorado and surrounding Mountain states. Prior to joining NorthMarq, he was with ARA Newmark’s Denver team, where he quickly came to be a key resource for a wide array of private and institutional investors. His involvement in over $4.5 billion of Colorado multifamily asset sales allows him to deliver a highly comprehensive, consultative transaction process. Prior to relocating to Denver in 2019, Mr. Ritter obtained his Bachelor of Science in Finance & Business Analytics at Indiana University’s Kelley School of Business.

Possick represents private, high net-worth and institutional investors in the disposition of multifamily investment properties up to approximately $40 million across the Inter-Mountain Western United States, with particular focus in the state of Colorado. Prior to joining NorthMarq, Alex was a member of CBRE’s Multifamily Capital Markets team where he played an integral role in the disposition of over 15,000 units and in excess of $2 billion in asset sales. Alex is completing his Master’s Degree in Real Estate from Georgetown University and received his Bachelor’s of Science in Real Estate from the Kelley School of Business at Indiana University.