Northmarq adds SVP reporting to Austin office

Northmarq has announced the addition of Ryan Shoars, senior vice president, to its debt and equity platform. Shoars is based in Rochester, New York, and will be responsible for affordable housing originations. He brings over 23 years experience as a trusted agency lending expert.

Shoars will report to Cheryl Higley, senior vice president/managing director in Northmarq’s Austin, Texas Debt + Equity office, and work in collaboration with the Austin Investment Sales team.

Before joining Northmarq, Shoars served for 13 years as vice president of Originations for Colliers Mortgage, previously known as Dougherty Mortgage. His responsibilities included debt placements for Fannie Mae, Federal Housing Administration, and Colliers’ bridge platform.

Prior to that, Shoars was a director of Originations at Greystone Servicing Corporation for six years where he co-managed its affordable housing program.