Lument Launches New Multifamily Investment Sales Platform
Former Marcus & Millichap executive John Sebree has joined the firm as senior managing director and head of real estate investment sales.

Lument has launched a market-rate multifamily investment sales platform and has tapped industry veteran John Sebree to lead it. Based in New York, Sebree will report directly to Lument CEO James Flynn.
Sebree, whose new title is senior managing director and head of real estate investment sales, was formerly senior vice president of multifamily investment sales at Marcus & Millichap, where he served as national director of the firm’s Institutional Property Advisors division.
Ideal timing
Sebree told Multi-Housing News this is the ideal time to launch a multifamily investment sales platform that matches Lument’s debt platform. “The result will be a compelling mix of services and solutions for or clients, whether they are buying, selling or recapitalizing a property.”
Flynn said Sebree’s expertise in multifamily analysis and his knowledge of underwriting and brokerage, as well as his major client relationships, were invaluable resources for the commercial real estate financing firm. Sebree’s background in the multifamily sector spans more than 25 years, 17 of which were spent as a top-producing Marcus & Millichap originator.
Sebree said he plans to bring on sales teams in strategic markets as one of the first steps to building out a national investment sales platform. “Our focus will be a combination of high-velocity markets as well as markets where we have existing Lument debt teams,” he told MHN.
Over the past six months, Lument has expanded its real estate capital markets business, adding a veteran team of specialists. In June, Lument added Managing Directors Hirsch Simins, Jacob Cohen and Mark Vinitsky, Senior Director David Jungreis and Director Ben Retter, all previously with Walker & Dunlop. The firm also recently opened an office in East Rutherford, N.J., for its capital markets group.
Last year, the company added a top affordable housing investment sales team to complement its affordable housing finance business.
Recent Lument deals
In April, Lument closed a $34.5 million Freddie Mac loan for Corner Lot Advisors to acquire 8200 Wisconsin, a 245-unit, mixed-use high-rise apartment complex in Bethesda, Md. The loan had a seven-year term with two years of interest only payments at a fixed rate. Lument structured the loan to allow the borrower to utilize $10 million from the Montgomery County Department of Housing and Community Affairs Housing Initiative Fund. The HIF loan enabled the developer to include 66 one- and two-bedroom affordable units.
Earlier this year, HH Fund refinanced Nine East 33rd, a 568-bed Baltimore student housing community located near Johns Hopkins University, with a five-year, fixed-rate mortgage with interest only. That financing was arranged by Lument’s Tim Smits, with the loan provided through Freddie Mac’s Capital Markets Execution program. The loan allowed HH Fund to exit a previous short-term loan the company secured when it acquired the property in 2021, according to Lument.