Northmarq expands Investment Sales platform into St. Louis, Midwest secondary markets
MINNEAPOLIS, MINNESOTA (January 13, 2021) — Nortmmarq’s multifamily investment sales platform, which grew into 15 offices through YE 2020, adds new market-leading investment sales experts in the company’s St. Louis debt & equity office today.
Parker Stewart joins the company as managing director – Investment Sales to cover St. Louis and Midwest secondary and tertiary markets. Dominic Martinez, associate vice president, and Alex Malzone, senior associate, also come to Northmarq to focus on multifamily investment sales across the Midwest. They will partner with Northmarq’s existing debt and equity leader, David Garfinkel, managing director, in St. Louis, along with the company’s other Midwest debt and equity experts in Chicago, Kansas City, Omaha, and Minneapolis.
Trevor Koskovich, president-Investment Sales, leads the business expansion, which added six new offices to-date in 2020. “We look for energetic professionals who are interested in building the platform and being part of the excitement of this quickly growing business. When we found Parker and Dominic, we knew they would be the perfect complement to our strong debt and equity operation in St. Louis and across the Midwest,” he said.
Both Stewart and Martinez are graduates of the University of Missouri-Columbia and natives of the St. Louis area. Stewart brings his previous experience with Berkadia, where he completed the sale of over 7,500 units and $750,000,000 in total consideration, within seven states across the region. Martinez, who will focus on the evaluation, advising, marketing, and sale of multifamily assets throughout the Midwest, has completed the sale of over 3,500 units and $300,000,000 in total consideration. He graduated with a master’s degree in accounting and has his CPA designation.
“I am very excited to join Northmarq and continue the explosive growth of the investment sales group nationwide. The ability to leverage Northmarq’s exceptional local, regional, and national relationships formed over the last 60 years will serve as a strong catalyst for future growth and will give us a competitive advantage in the investment sales marketplace,” said Stewart. “In addition, David has built a dominant mortgage banking team in St. Louis, and we look forward to partnering with them to offer our clients a full range of capital market services.”
The St. Louis 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 16 states, with more 60 investment sales professionals.