PHILADELPHIA, PA—Mark Thomson of HFF is totally bullish on the multifamily market, and since 2013, his firm has shot to the top of the league tables in financing multifamily in the Philadelphia market. Thomson, the senior managing director in charge of HFF's Philadelphia office, will discuss HFF's experience entering the market, when he appears as one of the panelists featured at ALM's RealShare Philadelphia Conference February 10 at the historic Union League Club.

In comments provided exclusively to GlobeSt.com in advance of his appearance at the conference, Thomson says, “We opened the office in December of 2013 and within one year grew from 5 to 18 total people with a coverage in both investment sales and debt. Even more impressive is that in that short time period, we have already grown to the #1 market share in multifamily sales in the Philadelphia MSA. Most recently, we closed $80 million worth of multi-family in December, $140 in January, and will have another $120mm closing over the next 45 days. By the time this panel happens, we will be on the market with the newest luxury apartment tower in Philadelphia.”

Thomson calls the market for multifamily properties “sizzling hot,” and says that “We do not see it slowing down in the near future.”

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Steve Lubetkin

Steve Lubetkin is the New Jersey and Philadelphia editor for GlobeSt.com. He is currently filling in covering Chicago and Midwest markets until a new permanent editor is named. He previously filled in covering Atlanta. Steve’s journalism background includes print and broadcast reporting for NJ news organizations. His audio and video work for GlobeSt.com has been honored by the Garden State Journalists Association, and he has also been recognized for video by the New Jersey Chapter of the Society of Professional Journalists. He has produced audio podcasts on CRE topics for the NAR Commercial Division and the CCIM Institute. Steve has also served (from August 2017 to March 2018) as national broadcast news correspondent for CEOReport.com, a news website focused on practical advice for senior executives in small- and medium-sized companies. Steve also reports on-camera and covers conferences for NJSpotlight.com, a public policy news coverage website focused on New Jersey government and industry; and for clients of StateBroadcastNews.com, a division of The Lubetkin Media Companies LLC. Steve has been the computer columnist for the Jewish Community Voice of Southern New Jersey, since 1996. Steve is co-author, with Toronto-based podcasting pioneer Donna Papacosta, of the book, The Business of Podcasting: How to Take Your Podcasting Passion from the Personal to the Professional. You can email Steve at [email protected].