NEW
YORK, July 10, 2024 /PRNewswire/ -- Lument
announced today that it has launched a market-rate multifamily
investment sales platform under the leadership of John Sebree, who has joined the company as
senior managing director and head of real estate investment sales.
He will report directly to Lument CEO James
Flynn. Formerly senior vice president of multifamily
investment sales at Marcus & Millichap, Sebree served as
national director of its Institutional Property Advisors (IPA)
division. He is credited for making it one of the best investment
sales groups in the country.
"Recruiting a high-powered executive like John, with an
exceptional record in conventional investment sales, reflects our
determination to quickly make our mark in this increasingly
important area of commercial real estate," Flynn said. "It is the
next step in our strategy of providing clients with a compelling
mix of complementary services and solutions, whether they are
buying, selling, or recapitalizing a property." Sebree joined
Lument's New York office on
June 24.
In the last six months, Lument expanded its real estate capital
markets business, adding a veteran team of specialists. In 2023,
the company added a top affordable housing investment sales team to
complement its industry-leading affordable housing finance
business.
"Clearly, Lument is on the move, and it understands that
investment sales is the key to unlocking substantial additional
value for its debt business," Sebree said. "I see this as a
once-in-a lifetime opportunity to build an investment sales
platform from the ground up."
Sebree's extensive background as a multifamily specialist spans
more than 25 years, 17 of which were as a top-producing Marcus
& Millichap originator. "John's knowledge of all aspects of
multifamily analysis, underwriting, brokerage and his major client
relationships will be an invaluable resource for Lument," Flynn
said.
About Lument
Lument, a subsidiary of ORIX Corporation USA, is a national leader in commercial real
estate finance and delivers a comprehensive set of capital
solutions customized for investors in multifamily, affordable
housing, and seniors housing and healthcare real estate. Lument
offers Fannie Mae, Freddie Mac, FHA, USDA, and balance sheet
financing, as well as a full suite of capital market lending
products. In addition, Lument provides a suite of real estate
advisory solutions including real estate investment sales,
investment banking, and investment management solutions. The
company has approximately 600 employees in over 30 offices across
the United States.
Securities, investment banking, and advisory services are
provided through Lument Securities, LLC, member FINRA/SIPC. Lument
Investment Management, LLC, is registered as an investment adviser
with the U.S. Securities and Exchange Commission. For more
information, visit https://www.lument.com/.
MEDIA CONTACT
Tyler
Howard | Associate Director, Marketing and
Communications
513-403-1911 |tyler.howard@lument.com
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SOURCE Lument