Nick Steele will Lead Lument’s Market-Rate Real Estate Multifamily Investment Sales Efforts Across Colorado and the Mountain West Region.
New York, New York – July 17, 2025 – Lument announced today that Nick Steele has joined the company as a managing director, launching the firm’s market-rate multifamily real estate investment sales efforts across Colorado, Idaho, Montana, and Wyoming. Based in Denver, Steele brings more than a decade of experience advising on transactions throughout the Mountain West region.
Steele joins Lument from Berkadia, where he was instrumental in building the firm’s investment sales presence from the ground up. Under his leadership, the Denver office grew to be one of the top multifamily brokerage offices in the region. Prior to Berkadia, Steele held senior roles at Marcus & Millichap and started his career at Apartment Realty Advisors. Over the course of his career, Steele has closed more than $1.5 billion in multifamily sales, totaling over 9,500 units.
“The Mountain West is a key multifamily growth region, and Nick’s deep market knowledge, client-first approach, and proven leadership make him the ideal person to lead our efforts here,” said John Sebree, head of real estate investment sales at Lument. “Combined with our recent additions in Chicago and more strategic hires currently in development, this is another strong step toward building a best-in-class national multifamily investment sales platform.”
Throughout his career, Steele has been known for his client first approach and maximizing value for each engagement, delivering hands-on, tailored brokerage and advisory solutions to both institutional capital and private clients alike.
“I’m excited to join Lument and expand its investment sales presence to Colorado and the broader Mountain West,” Steele said. “The firm has a well-earned reputation for excellence in real estate finance, and I’m eager to match that by building out an integrated investment sales platform that offers clients best-in-class service and execution.”
Lument’s commitment to providing a full-service approach to multifamily investment sales is supported by its top-tier debt platform. The firm is a leading Fannie Mae, Freddie Mac, and HUD/FHA Lender, ranking as the top FHA multifamily lender by loan count and volume in 2024. Lument also offers balance sheet bridge financing and recently launched a debt capital markets team focused on alternative lending.
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, seniors housing, and healthcare real estate. Lument offers Fannie Mae, Freddie Mac, FHA, USDA, and balance sheet bridge financing, as well as a full range of capital markets lending products. In addition, Lument provides a suite of real estate advisory solutions including investment sales, investment banking, and investment management. 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 www.lument.com.
