Each year, Midwest Real Estate News elects a new group of CRE professionals to its Midwest Commercial Real Estate Hall of Fame. Last year, despite its challenges, was no exception. Today, we look at the busy career of Patrick Minea, executive vice president and executive managing director of the Minneapolis office of NorthMarq.
Patrick Minea has steadily risen up the ranks at the Minneapolis office of NorthMarq. Since joining the company in 1992, this industry veteran has moved from producer to managing director to his current position of executive vice president and executive managing director.
Minea also co-leads the Production Committee and the Equity Advisors Group at NorthMarq. He serves on the company’s Executive Committee, too, where he takes a leadership role in helping to grow NorthMarq’s three business lines: debt and equity, investment sales and loan servicing.
Why has Minea been able to grow his career so steadily? He has a deep knowledge of the commercial finance business, provides top service to his clients and doesn’t shy away from the hard work needed to meet these clients’ goals. It’s a formula that has led Minea to become one of the most respected financial professionals in the Minneapolis commercial real estate market.
Minea’s peers describe him as a proven producer with deep knowledge in all areas of debt and equity finance. During his career of more than 25 years, Minea has specialized in structured debt, joint-venture equity and traditional debt.
Crafting such a long and successful career hasn’t come without challenges. But Minea said that the people he’s met and worked with in commercial real estate have made the journey one worth taking.
“The industry has always been interesting and challenging, but the people and the relationships are the best part of the business,” he said. “We get to work with developers and capital providers, and the professionals that I have dealt with over the years have always been diverse and interesting.”
Minea said that he doesn’t mind the competitive nature of commercial real estate, either.
“I have always enjoyed the competitive side, trying to win deals,” he said. “And the variety of projects is always interesting and usually challenging.”
Minea also finds time to give back to his community and profession. He is a member of the Minnesota MultiHousing Association, Minnesota Shopping Center Association, Urban Land Institute and Mortgage Bankers Association.
Locally, Minea served as treasurer of the Minnesota NAIOP chapter for two years and served on the NAIOP-MN board for three.
Outside of work hours, Minea said that he enjoys traveling with family and friends. He also enjoys spending time at his lake cabin. You might also find Minea on the golf course. He says his game isn’t great, but that he truly loves to play the sport.
