NEW YORK, July 10, 2024 /PRNewswire/ — Lument introduced as of late that it has introduced a market-rate multifamily funding gross sales platform below the management of John Sebree, who has joined the corporate as senior managing director and head of actual property funding gross sales. He’s going to record without delay to Lument CEO James Flynn. Previously senior vice chairman of multifamily funding gross sales at Marcus & Millichap, Sebree served as nationwide director of its Institutional Attribute Advisors (IPA) category. He’s credited for making it one of the most best possible funding gross sales teams within the nation.

“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 mentioned. “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 Fresh York workplace on June 24.

Within the utmost six months, Lument expanded its actual property capital markets trade, including a veteran group of experts. In 2023, the corporate added a zenith inexpensive housing funding gross sales group to counterpoint its industry-leading inexpensive housing finance trade.

“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 mentioned. “I see this as a once-in-a lifetime opportunity to build an investment sales platform from the ground up.”

Sebree’s intensive background as a multifamily specialist spans greater than 25 years, 17 of that have been 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 mentioned.

About Lument

Lument, a subsidiary of ORIX Company USA, is a countrywide chief in business actual property finance and delivers a complete i’m ready of capital answers custom designed for traders in multifamily, inexpensive housing, and seniors housing and healthcare actual property. Lument do business in Fannie Mae, Freddie Mac, FHA, USDA, and steadiness sheet financing, in addition to a complete suite of capital marketplace lending merchandise. As well as, Lument supplies a collection of actual property advisory answers together with actual property funding gross sales, funding banking, and funding control answers. The corporate has roughly 600 staff in over 30 places of work throughout the USA.

Securities, funding banking, and advisory services and products are supplied via Lument Securities, LLC, member FINRA/SIPC. Lument Funding Control, LLC, is registered as an funding helper with the U.S. Securities and Change Fee. For more info, discuss with https://www.lument.com/.

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