Michael Byrne joined Newmark in 2015 and serves as an executive managing director in the firm’s Boston office, one of the nation’s most successful investment property sales groups. Mr. Byrne specializes in the sale of multi-family properties of all types, including institutional, private capital, mixed-use, land for development, adaptive reuse and affordable housing. He has been involved in the sale of multi-family properties valued at more than $6.0 billion and totaling in excess of 45,000 apartment units since 2005.
Prior to joining Newmark as head of Apartment Brokerage for the New England region, Mr. Byrne served in the roles of executive director at Cushman & Wakefield and vice president with CBRE where he worked as part of the leading multi-family sales team in New England for the past 11 years. This experience has kept him in front of the leading multi-family owners, equity investors, property managers, lenders and developers throughout the entire Northeast.
In addition to traditional apartment communities, Mr. Byrne has focused on affordable housing and has assisted in the disposition of more than $600 million in affordable housing transactions in excess of 7,500 units. He has worked with clients on deal structures including Section 8, Section 236, Section 13A, RAP, SHARP, LIHTC and 40B throughout Massachusetts, Rhode Island, New Hampshire, Connecticut, Maine and New York.
Mr. Byrne has also worked with key clients on the disposition of assets across all classes including hospitality, medical/academic, permitted/unpermitted land and mixed-use assets with a focus on flexible exit scenarios for investors.
Mr. Byrne is a graduate of Syracuse University and resides in Boston’s Beacon Hill neighborhood with his wife Katie.