Northmarq earns top honors in MAREJ’s Best of 2024 awards
MINNEAPOLIS (March 24, 2025) — Northmarq has been recognized as a Top Real Estate Investment Firm in the Mid Atlantic Real Estate Journal’s (MAREJ) Best of 2024 awards. This annual roundup highlights the region’s most successful brokers, teams and standout transactions — and we’re pleased to be among them.
Northmarq’s Mid-Atlantic Investment Sales team was also recognized in MAREJ’s Best of 2023.
TOP SALES BROKER TEAM
Northmarq’s Mid Atlantic Multifamily Investment Sales team — Chris Doerr, Ari Azarbarzin, Will Harvey, Matt Straughan, Shack Stanwick and Anthony Pino — secured the No. 2 spot among Top Sales Broker Teams (Large Company) in 2024.
- Total sales volume: Approx. $500 million
- Markets covered: New Jersey, Pennsylvania, Delaware, Virginia, Maryland, and Washington, D.C.
See the full list of Top Sales Broker Teams.
TOP MORTGAGE BROKERS
Kris Wood and John Banas of Northmarq’s Philadelphia Debt + Equity team earned a spot among the Top Mortgage Brokers of 2024 after closing an impressive $137 million in transaction volume in just nine months.
View the 2024 Top Mortgage Brokers.
MOST UNIQUE FINANCIAL DEAL
Wood and Banas also secured the Most Unique Financial Deal of 2024 for arranging $68.5 million in financing for CityLine East and West Apartments on behalf of The PRC Group.
Financing breakdown:
- $34 million and $21.5 million fixed rate senior loans.
- $8 million and $5 million fixed rate mezzanine loan (full-term interest-only).
- Three-year terms, with one year of interest-only on the senior loan before transitioning to a 30-year amortization.
“The financing for CityLine East and West was all about relationships. The relationship between PRC, our Northmarq team and both lenders led to a great transaction,” said Banas.
The deal also won Northmarq's recognition as a Top Real Estate Investment Firm.
Read more about the award-winning deal.
We’re incredibly proud of our teams’ hard work and the strong relationships we’ve built to make these achievements possible.
Related Contacts
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 a loan servicing portfolio of more than $76 billion and a two-year transaction volume of $52 billion. For more information, visit www.northmarq.com.