Multi-Housing News names Northmarq a 2024 top multifamily brokerage firm and No. 1 in product diversity
MINNEAPOLIS (May 30, 2024) — Northmarq has been honored by Multi-Housing News (MHN) as one of the top 10 multifamily brokerage firms of 2024.
MHN ranked Northmarq sixth overall, with a total sales volume of $3.464 billion. The ranking accounted for factors that included performance in 2023 and previous years, investment sales volume, and firm growth relative to market share. Northmarq reported sales in all multifamily sectors (market rate, luxury, affordable housing, student housing, senior housing and single-family rentals) except military housing.
Northmarq also ranked seventh for sales volume and first in product diversity.
“Northmarq stood out for its diverse offerings, facilitating sales across all multifamily categories except military housing,” said Agota Felhazi, MHN senior associate editor. “Among the various asset types sold in 2023, investors favored market-rate assets followed by affordable housing, luxury assets, senior housing, single-family rentals and student housing.”
MHN ranks the top firms based on self-reported data.
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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, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit www.Northmarq.com.