Northmarq hires veteran investment sales team

Northmarq’s expansion into investment sales has moved into the company’s corporate headquarters market of Minneapolis/St. Paul following four years of growth that added more than 100 multifamily investment sales experts across the Sunbelt and Midwest.

Managing directors Jeff Budish and Ted Bickel joined Northmarq along with their team, senior associate Ryan Spengler, senior investment sales analyst Lauren Panzer and senior marketing coordinator Lacey O’Connor. They will collaborate closely with the Minneapolis/St. Paul debt and equity team led by Dan Trebil, managing director – debt & equity.   

Budish, with more than 14 years of industry experience, joins Northmarq after five years at Colliers and nearly nine years with CBRE. Bickel spent 11 years with Colliers, starting in their legal department while in law school before transitioning into multifamily investment sales. Budish and Bickel have worked as a team since 2017, completing $1.62 billion in transaction volume.

Northmarq’s Minneapolis debt & equity team is comprised of five producers with a strong track record of arranging debt and equity for all property types.

Northmarq’s Investment Sales platform sold more than 300 properties in 2021 totaling more than $11.7 billion; in the second quarter of 2022, it has a robust pipeline of more than 240 properties valued at $8 billion.