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Doug Austin
Senior Vice President at NorthMarq
Professional Background
Doug Austin is a seasoned professional in the commercial mortgage banking industry, currently serving as the Senior Vice President and Senior Director at NorthMarq Capital in San Diego. Since embarking on his career in 1997, Doug has consistently demonstrated expertise and a commitment to excellence, having successfully arranged over 200 permanent and bridge loans totaling in excess of $1 billion. His extensive experience spans a wide range of property types, including multi-family, office, retail, industrial, healthcare, and hospitality. Doug's strong relationships with various financing sources, such as insurance companies, Freddie Mac, Fannie Mae, institutional equity investors, CMBS lenders, and banks, have enabled him to provide tailored financing solutions to meet the diverse needs of his clients.
Doug joined NorthMarq in 2009, quickly earning the title of Senior Director in 2013 due to his outstanding performance and dedication to the company. His career prior to NorthMarq was marked by significant roles at a leading mortgage banking group, where he developed his skills over a twelve-year tenure that included transitions through mergers and acquisitions, notably from Westco to GMACCM to Capmark. Doug’s background showcases a robust ability to adapt and thrive in a dynamic industry.
Education and Achievements
Doug began his educational journey at Grossmont High School, where he laid the foundation for his future endeavors. He furthered his education at Grossmont College before pursuing a Bachelor of Science degree in Accounting from San Diego State University (SDSU). This solid educational background in accounting has been instrumental in shaping his analytical approach to commercial mortgage banking and finance.
Throughout his career, Doug has actively contributed to notable organizations within the commercial real estate industry, including the International Council of Shopping Centers (ICSC) and the National Association of Industrial and Office Properties (NAIOP). His involvement demonstrates not only his commitment to professional development but also his passion for advancing the field of commercial real estate.
Achievements
With a proven track record of handling complex financial transactions and securing significant funding for a diverse array of properties, Doug Austin stands out as a leader in the commercial mortgage banking sector. His work has not only involved arranging loans for a broad spectrum of properties but also mentoring and guiding emerging professionals in the real estate financing space. Doug's unique blend of financial acumen, strategic insight, and market knowledge continues to shape the landscape of commercial mortgage banking, cementing his status as a trusted partner for clients and peers alike.