Lument, a leading commercial real estate firm, has recently announced the launch of their new market-rate multifamily investment sales platform. The company has appointed John Sebree as Senior Managing Director and Head of Real Estate Investment Sales to lead this division. Based in New York and reporting directly to Lument CEO James Flynn, Sebree brings with him a wealth of experience from his previous role as SVP at Marcus & Millichap.
According to Sebree, there has been an increase in deal flow within the investment sales market since the beginning of 2024. This can be attributed to lower volatility in 10-year Treasury yields. However, he also notes that another factor affecting this market is uncertainty surrounding the upcoming election.
Sebree emphasizes that over time, there has been a closer relationship between debt and investment sales within commercial real estate transactions. With Lument’s strong reputation in multifamily debt financing and his own expertise on the investment sales side, he saw great potential for collaboration when approached by their team earlier this year.
Overall,this partnership presents an exciting opportunity for both parties involved and showcases Lument’s determination to make its mark on this important sector of commercial real estate.